On December 1, 2015, Arther Company Had 200,000 Shares of $1

question 140

Essay

On December 1, 2015, Arther Company had 200,000 shares of $1 par value common stock issued and outstanding. The next day they declared and distributed a 50% stock dividend. The market value of the stock on that date was $9 per share. Provide the journal entry for the transaction.

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Definitions:

Stroke Volume

The volume of blood pumped from the heart's left ventricle per beat.

Cardiac Output

Cardiac Output is the volume of blood the heart pumps through the circulatory system in one minute.

End-Systolic Volume

The volume of blood remaining in each ventricle of the heart after systole, the contraction phase.

End-Diastolic Volume

The volume of blood in the ventricles at the end of diastole, immediately before contraction, reflecting the amount of blood ready to be pumped out of the heart.