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On July 1, 2015, NTC Had Outstanding 10,000 Common Shares

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Essay

On July 1, 2015, NTC had outstanding 10,000 common shares, (originally sold at $12); the quoted market price currently is $16.The company declared and issued a 10% common stock dividend.Give the entry.


Definitions:

Division Of Labor

The allocation of different parts of a manufacturing process or task to different individuals in order to improve efficiency.

Natural Ability

Inherent talents or skills that an individual possesses without the need for formal training or education.

Division Of Labor

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.

Workers' Morale

The overall outlook, attitude, satisfaction, and confidence that employees feel at work.

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