Question: Pepper Cody pable for 25.000 evr a w e b. 2009 What there foto The stockholders' equity section of Home Place displayed the following balances:


Pepper Cody pable for 25.000 evr a w e b. 2009 What there foto The stockholders' equity section of Home Place displayed the following balances: Common Stock - $15 par value. 25.000 shares issued and outstanding $375,000 Paid-in Capital in excess of par value. common stock 55.140,000 Retained Earnings $4.140.000 The company declared a 10% stock dividend on a day when the stock's market value was $610 per share. The journal entry on this day will include: Select one: a. A debit to Retained Earnings for $37,500 b. A credit to Stock Dividends Distributable for $1,525,000 c. A credit to Stock Dividends Distributable for $37,500 d. A credit to Pald-in capital in excess of par value for $1,525,000 Pepper Cody pable for 25.000 evr a w e b. 2009 What there foto The stockholders' equity section of Home Place displayed the following balances: Common Stock - $15 par value. 25.000 shares issued and outstanding $375,000 Paid-in Capital in excess of par value. common stock 55.140,000 Retained Earnings $4.140.000 The company declared a 10% stock dividend on a day when the stock's market value was $610 per share. The journal entry on this day will include: Select one: a. A debit to Retained Earnings for $37,500 b. A credit to Stock Dividends Distributable for $1,525,000 c. A credit to Stock Dividends Distributable for $37,500 d. A credit to Pald-in capital in excess of par value for $1,525,000
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