On January 1, McCarver Corporation had 600,000 shares of $10 par value common stock outstanding....
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Accounting
On January 1, McCarver Corporation had 600,000 shares of $10 par value common stock outstanding. On March 31 the company declared a 10% stock dividend. Market walue of the stock was $15/share. As a result of this event, A) McCarver's Paid-in Capital in Excess of Par Value account increased $300,000. 3) McCarver's total stockholders' equity was unaffected. D) McCarver's Stock Dividends account increased $900,000. All of these answer choices are correct
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