Question
Beretta, Inc. has outstanding 500,000 shares of $13.00 par value common stock. Ruger declares a 7.75% stock dividend at $17.00 per share. What will
Beretta, Inc. has outstanding 500,000 shares of $13.00 par value common stock. Ruger declares a 7.75% stock dividend at $17.00 per share. What will be the amount recorded to the Retained Earnings account on the date of declaration? (indicate if the amount will be a debit or a credit)
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Horngrens Financial And Managerial Accounting The Financial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
6th Edition
978-0134486840, 134486838, 134486854, 134486846, 9780134486833, 978-0134486857
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