Question
Problem 17-02A (Part Level Submission) The following account balances relate to the stockholders equity accounts of Kerbs Corp. at year-end. 2020 2019 Common stock, 10,500
Problem 17-02A (Part Level Submission) The following account balances relate to the stockholders equity accounts of Kerbs Corp. at year-end. 2020 2019 Common stock, 10,500 and 10,000 shares, respectively, for 2020 and 2019 $156,900 $144,500 Preferred stock, 5,000 shares 128,800 128,800 Retained earnings 302,200 250,900 A small stock dividend was declared and issued in 2020. The result of the stock dividend was to decrease retained earnings by $11,100 and increase common stock by $11,100. Cash dividends were $15,900 in both 2020 and 2019. The common stock has no par or stated value. common stock?
dividends?
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