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Wally inc has been authorized to issue 2000000 shares of 1

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Wally inc has been authorized to issue 2000000 shares of 1$ par value common. They have 700,000 shares issued and 670,000 shares outstanding. On April 1, 2010, Wally. Inc. declares a 15% stock dividend when the market price was $24 per share. Date/account/debit/credit Complete the Journal entry to record the stock dividend After the stock dividend has been recorded, what is the number of: Shares issued? Shares outstanding? Shares of Treasury stock?

Reference no: EM13610232

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