Question: Assignment Gradebook ORION Downloadable eTextbook (001) ignment CALCULATOR FULL SCREEN PRINTER VERSION 4 BACK NEXT Question 20 On January 1, Sunland Corporation had 91000 shares

Assignment Gradebook ORION Downloadable eTextbook (001) ignment CALCULATOR FULL SCREEN PRINTER VERSION 4 BACK NEXT Question 20 On January 1, Sunland Corporation had 91000 shares of $10 par value common stock outstanding. On June 17, the company declared a 15% stock dividend to stockholders of record on June 20. Market value of the stock was $13 on June 17. The entry to record the transaction of June 17 would include a debit to Stock Dividends for $177450. credit to Common Stock Dividends Distributable for $40950. credit to Cash for $177450. credit to Common Stock Dividends Distributable for $177450. Question Attempts: 0 of 1 used

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