Business
Business, 12.08.2020 05:01, drowzy67

Hannah Co. has 10,000 shares of $10 par common stock outstanding. A 10% stock dividend is declared when the market price is $50 per share. Following the stock dividend, a cash dividend of $4 per share is declared and paid to Hannah Cos' shareholders. The debit to Retained Earnings will be:

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Hannah Co. has 10,000 shares of $10 par common stock outstanding. A 10% stock dividend is declared w...

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