Business, 28.01.2020 12:31, mustachegirl311
On june 1, 20x5, jomax corporation had 60,000 shares of $10 par value common stock outstanding. on june 2, 20x5, jomax declared a 40 percent stock dividend to be distributed on july 5, 20x5, to shareholders of record on june 15, 20x5. what amount of retained earnings should be transferred to contributed capital because of this dividend?
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On june 1, 20x5, jomax corporation had 60,000 shares of $10 par value common stock outstanding. on j...
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