Question: Bryce, Inc. declared a 5% share dividend on March 15, when there were 1,000 common shares issued and outstanding, and the market value was $10.

Bryce, Inc. declared a 5% share dividend on March 15, when there were 1,000 common shares issued and outstanding, and the market value was $10. The entry to record the declaration will include a (debit/credit) Blank______ to the Retained Earnings account, in the amount of Blank______.

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