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Bramble, Inc. declares a 15% common stock dividend when it has 47200 shares of $10 par value common stock outstanding. If the market value of
Bramble, Inc. declares a 15% common stock dividend when it has 47200 shares of $10 par value common stock outstanding. If the market value of $26 per share is used, the amounts debited to Stock Dividends and credited to Paid-in Capital in Excess of Par are: Stock Dividends $184080 $70800 $70800 $184080 Paid-in Capital Excess of Par $113280 $0 $113280 $70800
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