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On January 1, Whispering Winds Corp. had 1900000 shares of $10 par value common stock outstanding. On March 31 the company declared a 10% stock
On January 1, Whispering Winds Corp. had 1900000 shares of $10 par value common stock outstanding. On March 31 the company declared a 10\% stock dividend. Market value of the stoc was $15/ share. As a result of this event, Whispering's Paid-in Capital in Excess of Par Value account increased $950000. Whispering's total stockholders' equity was unaffected. Whispering's Stock Dividends account increased $2850000. All of these answer choices are correct
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