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On June 30, 2022, when Bryan Co's stock was selling at $65 per share, its equity accounts were as follows: Common Stock (par value
On June 30, 2022, when Bryan Co's stock was selling at $65 per share, its equity accounts were as follows: Common Stock (par value $50; 100,000 shares issued) Pain-in Capital in Excess of Par Retained earnings $5,000,000 600,000 4,200,000 If a 100% stock dividend were declared and distributed, the balance of Common Stock would be:
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
