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RPC Corporation declared a 6% stock dividend on May 7, 2018. On this date, its stockholder equity accounts had the balances listed below and th
RPC Corporation declared a 6% stock dividend on May 7, 2018. On this date, its stockholder equity accounts had the balances listed below and th current price of common stock was $15. What is the total debit to Stock Dividends recorded on May 7? Common Stock, $1.50 par (120K shares issued) $180K Paid-In Capital in Excess of Par Common Stock $2,160K O $150K $108K $120K $180K
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