Make a journal for the transactions

Reference no: EM132774477

Question - March 1, 2020 PT Sinar plans to announce share dividends to its ordinary shareholders of 2,000,000 shares. Every 5 shares of common stockholders will receive 1 common share which has a nominal value of Rp 1,000 per share and at that time the market price is Rp 1,400 per share. On April 16, 2020, the management of the company distributed shares which was announced on March 1, 2020. Make a journal for the above transactions!

Reference no: EM132774477

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