Moving to another question will save response stion 10 Awal Company had 60,000 shares of...

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Accounting

Moving to another question will save response stion 10 Awal Company had 60,000 shares of $10 per value common stock outstanding on March The stock was distributed on May 6. The entry to record the disitation of May 6 wend OA dobit to Common Stock Dividend Distributable OB. credit to Paid-in Capital in Excess of Par Value OC debit to Retained Eamings OD. credit to Cash 1 On Apt 18 when the market por she was $13, the company dored a 15% sk had a 1

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