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Richman Corporation has 120,000 shares of $5 per value common ocks It declared a 15% stock dividend on June 1 when the market price person

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Richman Corporation has 120,000 shares of $5 per value common ocks It declared a 15% stock dividend on June 1 when the market price person The shares were issued on June 30. The journal entry for the issuance of the June 30 will include a. debit to Stock Dividend of $270.000 b. debit to Common Stock of $90.000 c credit to Dividends Payable of $270,000 Od debit to CSDD of $90,000

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