Question: It declared a 15% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30 .
It declared a 15% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30 . The journal entry for the deelaration of the stock dividend will include a: a. all of the above are included in the journal entry b. credit to Paid-in-Capital in Excess of PN-C/S of $105,000 c. credit to Stock Dividend f$180,000 d. debit to Common Stock Dividend Distributable of $75,000 It declared a 15% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30 . The journal entry for the deelaration of the stock dividend will include a: a. all of the above are included in the journal entry b. credit to Paid-in-Capital in Excess of PN-C/S of $105,000 c. credit to Stock Dividend f$180,000 d. debit to Common Stock Dividend Distributable of $75,000
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