Question: Moving to another question will save this response. >> Question 21 3.5 points Save Answer Stockholders' equity of Company A is as follows: Common stock,

Moving to another question will save this
Moving to another question will save this response. >> Question 21 3.5 points Save Answer Stockholders' equity of Company A is as follows: Common stock, $4 par; issued and outstanding 150,000 shares $5,280,000 Paid-in capital - excess of par 3,715,000 Retained earnings 3,695,000 The current market price of Company A's stock is $32 per share. Company A declares a 40% stock dividend. The entry to record the declaration will include: O debit to Common Stock for $240,000 credit to Common Stock for $1,920,000 O debit to Retained Earnings for $1,920,000 O debit to Retained Earnings for $240,000

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