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Hamilton Inc. has 1,000 common shares issued at $100 and currently trading at $200. The entry to record declaration of a 10% stock dividend is
Hamilton Inc. has 1,000 common shares issued at $100 and currently trading at $200. The entry to record declaration of a 10% stock dividend is Select one: A. debit Common Stock Dividends Distributable $20,000, credit Common Shares $20,000. B. debit Common Stock Dividends Distributable $100,000, credit Retained Earnings $100,000. C. debit Retained Earnings $100,000, credit Cash $100,000. D. debit Stock Dividends $20,000, credit Common Stock Dividends Distributable $20,000. 19 Type a message 3:34 p.m.
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