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If a company has200,000 shares of$7 par common stock outstanding. They have declared a10% stock dividend. The current market price of the common stock is$13/share.
If a company has200,000 shares of$7 par common stock outstanding. They have declared a10% stock dividend. The current market price of the common stock is$13/share. What is the equation to determine the amount that will be debited to retained earnings?
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