Question: Moving to another question will save this response. Question 1 of 10 Question 1 0.6 points Save Answer On January 1, Hamblin Corporation had 120.000

 Moving to another question will save this response. Question 1 of

Moving to another question will save this response. Question 1 of 10 Question 1 0.6 points Save Answer On January 1, Hamblin Corporation had 120.000 shares of $10 par value common stock outstanding on March 17 the company declared a 10% stock dividend to stockholders of record on March 20. Market value of the stock was $13 on March 17. The entry to record the transaction of March 17 would include a debit to Retained Earnings for $36,000 credit to Cash for $156,000 credit to Common Stock for $120,000 debit to Common Stock for $120,000

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