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The company with the common equity accounts shown here has declared a 10 percent stock dividend at a time when the market value of its
The company with the common equity accounts shown here has declared a 10 percent stock dividend at a time when the market value of its stock is $49 per share. Common stock ($1 par value) $ 560,000 Capital surplus 1,564,000 Retained earnings 3,896,000 Total owners equity $ 6,020,000 Required: Show the new equity account balances after the stock dividend distribution. Common stock $ Capital surplus Retained earnings Total owners equity $
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