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44. Pretty Corporation declared a 10% stock dividend. Par value of its stock is 100 while the fair market value at declaration date was 150
44. Pretty Corporation declared a 10% stock dividend. Par value of its stock is 100 while the fair market value at declaration date was 150 and at distribution date was 175. Retained earnings should be debited at a. 150 b. 100 c. 175 d. 15
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