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37. When stock dividends of different class are received? (a) no formal entry is made by but only a memorandum. (b) cash is debited and

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37. When stock dividends of different class are received? (a) no formal entry is made by but only a memorandum. (b) cash is debited and dividend income is credited. (c) A new investment account is debited and dividend income is credited. (d) A new investment account is debited and the original investment account is credited. D

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