Question: CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK Multiple Choice Question 189 On January 1, Concord Corporation had 73000 shares of $10 par value
CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK Multiple Choice Question 189 On January 1, Concord Corporation had 73000 shares of $10 par value common stock outstanding. On June 17, the company declared a 10% 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 O credit to Common Stock Dividends Distributable for $94900. O credit to Common Stock Dividends Distributable for $21900. O credit to Cash for $94900. O debit to Stock Dividends for $94900
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