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kimmel, Accounting, 6e : 07:23 PM/ Remaining: 87 min. Multiple Choice Question 121 On January...

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kimmel, Accounting, 6e : 07:23 PM/ Remaining: 87 min. Multiple Choice Question 121 On January 1, Sheridan Company had 650000 shares of $10 par value common stock outstanding. On March 31 the company declared a 10% stock dividend. Market value of the stock was $15/share. As a result of this event, Sheridan Paid-in Capital in Excess of Par Value account increased $325000. O Sheridan total stockholders' equity was unaffected. 0 Sheridan Stock Dividends account increased $975000. O All of these answer choices are correct. Click if you would like to Show Work for Open Show this question: Work Question Attempts: 0 of 1 used sUBMIT

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