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Mathematics 7 Online
OpenStudy (anonymous):

HELP PLEASEE! (: The journal entry to record the issuance of a stock dividend is which of the following?

OpenStudy (anonymous):

A. Debit Common Stock Dividend Distributable (number of shares × par value common stock); credit Common Stock (same) B. Debit Common Stock Dividends Distributable (number of shares × market value common stock); credit Common Stock (same) C. Debit Retained Earnings (market value × number of shares); credit Common Stock Dividends Distributable (number of shares × par value); credit Paid-In Capital in Excess of Par-Stock Dividend D. Debit Common Stock Dividend Distributable (number of shares × par value); credit Cash

OpenStudy (anonymous):

Alyssa can you please help me with a word problem

OpenStudy (anonymous):

:(

OpenStudy (anonymous):

yessss, whats the question?

OpenStudy (anonymous):

oh it's the first question

OpenStudy (anonymous):

2nd

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