Question: Hello please answer the question with complete solution, thank u very much. 5. Abed Company declared and distributed 10% stock dividend with fair value of
Hello please answer the question with complete solution, thank u very much.
5. Abed Company declared and distributed 10% stock dividend with fair value of P1,500,000 and par value of P1,000,000, and 25% stock dividend with fair value of P4,000,000 and par value of P3,500,000. What aggregate amount should be debited to retained earnings for the stock dividend?
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