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9 of 15 9 1 points Save Answer Company had 60,000 shares of $10 par value common stock outstanding on March 1. On April 18
9 of 15 9 1 points Save Answer Company had 60,000 shares of $10 par value common stock outstanding on March 1. On April 18 when the market value per share was $13, the company declared a 15% stock dividend to olders of record on April 28. The stock was distributed on May 6. The entry to record the distribution of May 6 would include a debit to Common Stock Dividend Distributable. ebit to Retained Earnings. redit to Cash. edit to Paid-in Capital in Excess of Par Value. ng to another question will save this response. hp VAIHDELLE 76 J-> A www
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