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On January 1, Windsor, Inc. had 660000 shares of $10 par value common stock outstanding. On March 31 the company declared a 15% stock dividend.
On January 1, Windsor, Inc. had 660000 shares of $10 par value common stock outstanding. On March 31 the company declared a 15% stock dividend. Market value of the stock was $20/share. As a result of this event,
A) Windsors Paid-in Capital in Excess of Par Value account increased $990000.
B) Windsors total stockholders equity was unaffected.
C) Windsors Stock Dividends account increased $1980000.
D) All of these answer choices are correct
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