On August 26,2013,Booth Corporation's board of directors declared a 2 percent stock dividend applicable to the outstanding shares of its $5 par value common stock,of which 150,000 shares are authorized,130,000 are issued,and 10,000 are held in the treasury.The stock dividend was distributable on September 25 to stockholders of record on September 10.On August 26,the market value of the common stock was $12 per share.On November 26,the board of directors declared a $0.20 per share cash dividend.No other stock transactions have occurred.Record the transactions on August 26,September 10,September 25,and November 26.Make the December 31 entry to close Dividends and Stock Dividends to Retained Earnings.
Definitions:
Family Demands
The responsibilities and expectations placed on an individual by their family members, which can include care-taking, household duties, and emotional support.
Educational Demands
The requirements, expectations, and workload placed on students by educational systems, often reflecting academic standards and goals.
Friendships
Mutual affectionate relationships between two or more individuals, characterized by trust, support, and communication.
Protection
Measures or actions taken to guard against harm, loss, or unwanted access, ensuring safety and security.
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