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what will the entry include? 3.3 pts Patton Corporation has 10,000 shares of $4 par common stock issued and outstanding A 5% stock dividend is
what will the entry include?
3.3 pts Patton Corporation has 10,000 shares of $4 par common stock issued and outstanding A 5% stock dividend is declared and issued on a day when the market price is $30 per share. The entry will include: Debit Retained Earnings, $300,000 O Credit Paid-in Capital in Excess of Par. $13,000 Credit Common Stock. $15,000. Credit Paid In Capital in Excess of Par, $2,000. Debit Cash, $15,000 Step by Step Solution
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