What would be the number of additional shares
Braco has 40,000 shares of $100 par value common stock outstanding, and 10,000 shares in the treasury. The number of additional shares that would be issued in a 5% stock dividend is:
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Prepare appropriate journal entries for Kermit Manufacturing for 2011 and 2012. Assume straight-line depreciation and a December 31 year-end. First payment will be made at lease inception.
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