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View Policies Current Attempt in Progress Assume that on June 30, Carla Vista Corporation declares a 10% stock dividend on its 100000 common shares, to
View Policies Current Attempt in Progress Assume that on June 30, Carla Vista Corporation declares a 10% stock dividend on its 100000 common shares, to be distributed on August 5 to shareholders of record on July 20. Assume the fair value of its shares on June 30 is $12.26 per share and $14.00 on August 5. Which of the following is the correct entry to record the distribution of the stock dividend? Stock Dividends Distributable Cash Stock Dividends Distributable Common Shares Dividends Payable Common Shares Stock Dividends Distributable Stock Dividends 122600 122600 122600 122600 140000 140000 140000 140000 Attempts: 0 of 1 used
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