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ACC113 Question 11 1 points On October 1, a corporation had 200.000 shares of S4 par value common stock, and S1,000,000 of retained earnings. The
ACC113
Question 11 1 points On October 1, a corporation had 200.000 shares of S4 par value common stock, and S1,000,000 of retained earnings. The corporation decides a 2-for-1 stock split. The general journal entry to record this transaction is A. Rotained earnings (debit) and common stock spirt distribution (credit). OB. Retained camings (debit) and stock split (credit) OC No journal entry D. Retained earings (debit) and common stock (credit)Step by Step Solution
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