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Acompany had 1000 shares of $10 par value stock common stock outstanding. It declared a 50% stock dividend when the market price per share was

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Acompany had 1000 shares of $10 par value stock common stock outstanding. It declared a 50% stock dividend when the market price per share was $15. The uma entry on the date of declaration will include a debit to: Multiple Choice o cand Earnings 57.500 U r edning. 55.000 O Conn. $7,500 O common stock Dividend Dwertunate 35.000

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