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Emmitt Smith Corp. issues a 15% stock dividend. Emmitt Smith has 200,000 shares of $1 par stock outstanding. The market value of Emmitt Smith is
Emmitt Smith Corp. issues a 15% stock dividend. Emmitt Smith has 200,000 shares of $1 par stock outstanding. The market value of Emmitt Smith is $30 per share. How are the following accounts affected: common stock, additional paid-in capital, retained earnings?
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