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on April 15, XYZ Inc. declares a stock dividend on its $2 par value stock. It had 2,000 shares outstanding and the market value was
on April 15, XYZ Inc. declares a stock dividend on its $2 par value stock. It had 2,000 shares outstanding and the market value was 26 dollars per share.
A. what would the debit to retained earning for a 10% dividend?
B. what would be the debit to retained earnings for a 30 percent dividend?
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