A company with 103,000 authorized shares of $7 par common stock issuers 34,000 shares at $15 subsequently
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A company with 103,000 authorized shares of $7 par common stock issuers 34,000 shares at $15 subsequently the company declared a 2% stock divided on a date when the market price was $27 per share. What is the amount transferred from the retained earnings account to paid in capital accounts as a result of the stock dividend
Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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