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A company originally issued 18,000 shares of six dollar power value common stock at $10 per share. The board of directors declares a 13% stock

A company originally issued 18,000 shares of six dollar power value common stock at $10 per share. The board of directors declares a 13% stock dividend when the market price of the stock is $18 a share. Which of the following is included in the entry to record the declaration of a stock dividend?

O A. Stock Dividends is credited for $42,120. B. Stock Dividends is debited for $23,400. C. Paid - In Capital in Excess of ParCommon is credited for $23,400. D. Stock Dividends is debited for $42,120

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