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26. The company with common equity accounts shown here has declared a 15% stock dividend when the market value of its stock is $20 per
26. The company with common equity accounts shown here has declared a 15% stock dividend when the market value of its stock is $20 per share. What effects on the equity accounts will the distribution of the stock dividend have? Common stock ($1 par) Capital Surplus Retained earnings Total $ 300,000 1,700,000 3,000,000 $5,000,000
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