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tudos 2020-2021 | Etudiet al. Accueil Etudier l'UQAM Maitrise en arts visuels et mdiatia On September 1, 2020, Wood Co. declares 15% stock dividend on
tudos 2020-2021 | Etudiet al. Accueil Etudier l'UQAM Maitrise en arts visuels et mdiatia On September 1, 2020, Wood Co. declares 15% stock dividend on its 80,000 shares of $5 par value common stock outstanding, at that date the stock fair market value was $10. Total new number of outstanding shares after the issuance of stock dividend is: 92,000 shares O 80,000 shares O 68,000 shares O 12,000 shares None of the above Common stock dividend distributable in the declaration date is: Debit $120,000 Debit $60,000 O Credit $60,000 O Credit $120,000 O None of the above Stock dividend amount is: O Debit $120,000 O Debit $60,000 0 Credit $60,000 O Credit $120,000 O None of the above
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