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[15] The following stock dividends were declared and distributed by Sol Corp.: Percentage of Common Shares Outstanding at Declaration Date Fair Value Par Value 10
[15] The following stock dividends were declared and distributed by Sol Corp.: Percentage of Common Shares Outstanding at Declaration Date Fair Value Par Value 10 $15,000 $10,000 40,000 30,800 What aggregate amount should be debited to retained earnings for these stock dividends? 28 A. $40,800 B. $45,800 C. $50,000 D. $55,000
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