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Thank you in advance!! iollowing correctly describes the effect of accounting for the declaration and distribution of the stock dividend? Multiple Choice Common stock increased

image text in transcribedThank you in advance!!

iollowing correctly describes the effect of accounting for the declaration and distribution of the stock dividend? Multiple Choice Common stock increased $69,000. Retained earnings decreased $69,000. Retained earnings decreased $74,750. Additional paid-in capital increased $46,000

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