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On July 1,2019,the Board of Directors of BXC Declared a Stock

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Essay

On July 1,2019,the Board of Directors of BXC declared a stock dividend that required the issuance of 5,000 common shares.The common shares had a market value at this date of $18 per share.Retained earnings amounted to $900,000.Give the entry to record the stock dividend (the shares were issued),assuming:
The 5,000 shares represented 10% of the previously outstanding shares.


Definitions:

Endocrine Disorder

A medical condition characterized by the improper functioning of the endocrine glands, affecting the hormonal balance in the body.

Gender Differences

Variations in characteristics, behaviors, and roles traditionally associated with being male or female.

Biological and Environmental Factors

The combination of genetic, physiological, and environmental influences that affect an individual's behavior, personality, and health.

Conditioning

A process of behavior modification in which a subject learns to respond in a desired manner to a previously neutral stimulus that has been repeatedly presented along with an unconditioned stimulus that elicits the desired response.

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