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On June 30, Y6, when Tilsonburg Inc.'s shares were selling at $ 32 per share, its capital accounts were as follows: Common Shares, no par,
On June 30, Y6, when Tilsonburg Inc.'s shares were selling at $ 32 per share, its capital accounts were as follows: Common Shares, no par, 40,000 shares issued and outstanding $1,500,000 Retained Earnings 2,600,000 If a 5% stock dividend were declared and distributed, the Common Shares account balance would be Question 34 options: $1,542,000 $1,532,000 $1,564,000 $1,575,000
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