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Question Help Risingular Corporation currently has 129.000 shares outstanding of 3 p value common stock. The stock was originally wed for per share on March
Question Help Risingular Corporation currently has 129.000 shares outstanding of 3 p value common stock. The stock was originally wed for per share on March 15, the board of director del af stock dividend when the stock is sing for 5.22 per whare. Which of the following is the correct journal entry to record this transaction (Do not round intermediate calculation) O A debil Stock Dividends $36.940, credt Common Stock Dividend Distributable $50,310 and credit Paid in Capital in Broof Per-Common $318.630 OB. Common Stock Dividend Distributable $50,310, debit Paid-in Capital in Excess of PwCommon for $318.630 and credit Retained Earnings $360,50 OC. de Stock Dividende $365,940 and credit Common Stock Dividend Distributie 16.90 OD. debit Paid-in Capital in Excess of Par-Common $60,940 and credit Retained Earrings $368,940
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