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decrease no effect Question 12 (1 point) Minnick Corp. has 900,000 no par common shares authorized, of which 400,000 shares are outstanding. The average carrying

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decrease no effect Question 12 (1 point) Minnick Corp. has 900,000 no par common shares authorized, of which 400,000 shares are outstanding. The average carrying value of the shares is S 6 per share. When the market value was $ 10 per share, Miinick declared a 10% stock dividend. What entry, if any, should Minnick make to record this dividend declaration? No entry 200,000 200,000 400,000 Retained Earnings.... Common Stock Dividend Distributable. Stock Dividend Payable. Common Stock Dividend Distributable. Retained Earnings... Common Stock Dividend Distributable. 400,000 400,000 400,000 Question 11 (1 point) How would the declaration of a 15% stock dividend affect each of the following? Retained Earnings Total Shareholders' Equity no effect no effect decrease decrease no effect decrease decrease no effect Question 12 (1 point) innick Corp. has 900,000 no par common shares authorized, of which 400,000 shares are the market value was $ 10 per s

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