Solar Company Has 600,000 Shares of $75 Par Common Stock

Essay

Solar Company has 600,000 shares of $75 par common stock outstanding. On February 13, Solar declared a 3% stock dividend to be issued on April 30 to stockholders of record on March 14. The market price of the stock was $90 per share on February 13.​Journalize the entries required on February 13, March 14, and April 30.