Business
Business, 24.06.2020 18:01, 5nathanomadrid5

A company originally issuedâ 14,000 shares ofâ $5 par value common stock atâ $12 per share. The board of directors declares aâ 14% stock dividend when the market price of the stock isâ $25 a share. Which of the following is included in the entry to record the declaration of a stockâ dividend? a. Stock Dividends is credited forâ $34,320.
b. Stock Dividends is debited forâ $34,320.
c. âPaid-In Capital in Excess of Parlong dashâCommon is credited forâ $18,720.
d. Stock Dividends is debited forâ $18,720

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A company originally issuedâ 14,000 shares ofâ $5 par value common stock atâ $12 per share. The boar...

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