Question
Bryce, Inc. declared a 5% share dividend on March 15, when there were 1,000 common shares issued and outstanding, and the market value was $10.
Bryce, Inc. declared a 5% share dividend on March 15, when there were 1,000 common shares issued and outstanding, and the market value was $10. The entry to record the declaration will include a (debit/credit) Blank______ to the Retained Earnings account, in the amount of Blank______.
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
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