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If the market price per share is $25 and a stock dividend of 2,000 shares of $5 par common stock is declared, the amount debited
If the market price per share is $25 and a stock dividend of 2,000 shares of $5 par common stock is declared, the amount debited to the stock dividends account would be $10,000. True False QUESTION 23 A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 4-for-1 stock split, the number of shares outstanding after the split will be O A. 160,000 shares. B. 40.000 shares. C. 120,000 shares. D. 10.000 shares
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