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Title: A company originally issued 13,000 shares of $6 par value common stock at $12 per share. The board ... Post by: H3Ko on Sep 3, 2016 A company originally issued 13,000 shares of $6 par value common stock at $12 per share. The board of directors declares a 12% stock dividend when the market price of the stock is $22 a share. Which of the following is included in the entry to record the declaration of a stock dividend?
A) Stock Dividends is debited for $18,720. B) Paid-In Capital in Excess of ParCommon is credited for $18,720. C) Stock Dividends is credited for $34,320. D) Stock Dividends is debited for $34,320. Title: Re: A company originally issued 13,000 shares of $6 par value common stock at $12 per share. The ... Post by: Tanks on Sep 3, 2016 Content hidden
Title: Re: A company originally issued 13,000 shares of $6 par value common stock at $12 per share. The board ... Post by: H3Ko on Oct 12, 2016 I just realized you had posted this! Thanks so much
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