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If given the following information, how much should be credited to stock dividends distributable? Common stock, $10 par, 1,000,000 shares issued. The company declares a

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If given the following information, how much should be credited to stock dividends distributable? Common stock, $10 par, 1,000,000 shares issued. The company declares a 2% stock dividend when the market price is $12 per share. 0 200,000 O 100,000 O 2,000,000 240,000

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