Question
If a corporation declares a 10% stock dividend on its common stock, the account to be debited on the date of declaration is: A) Common
A) Common Stock Dividends Distributable.
B) Common Stock.
C) Paid-in Capital in Excess of Par.
D) Retained Earnings
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
6th Canadian edition
1118644948, 978-1118805084, 1118805089, 978-1118644942
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