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on July 1, James Corporation gas 1090000 shares of $10 par value common stock outstanding. on September 30. the company declared a 15 % stock
on July 1, James Corporation gas 1090000 shares of $10 par value common stock outstanding. on September 30. the company declared a 15 % stock dividend. market value of the stock was 16$/share. as a result of this event.
A. James paid in capital excess of par account increased 981000
b. James total stockholders equity was unaffected
c. James stock dividend account increased 2616000
d. all are correct
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