On January 1, BearBack Corporation had 300,000 common shares issued. On April 10, the company declared a 10% stock dividend to be distributed on April 30. The market value of the shares was $7 on April 10 and $10 on April 30. The entry to record the transaction of April 30 would include a

Question 39 options:

	credit to Cash for $210,000.
	debit to Stock Dividends Distributable for $210,000.
	credit to Retained Earnings for $300,000.
	debit to Dividends Declared for $210,000.