q8

Question 8 1 points Save Answer Awal Company had 60,000 shares of $10 par value common stock outstanding on March 1. On April 18 when the market value per share was $13, the company declared a 15% stock dividend to stockholders of record on April 28. The stock was distributed on May 6. The entry to record the distribution of May 6 would include a: CA debit to Common Stock Dividend Distributable. B. credit to Paid-in Capital in Excess of Par Value. C. debit to Retained Eamings. D. credit to Cash