When there were 500,000 authorized shares of $12 par value common stock, 65,000 shares issued,...
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Accounting
When there were 500,000 authorized shares of $12 par value common stock, 65,000 shares issued, and 50,000 shares outstanding, and the market price was $14 per share, Your Company issued a 15% stock dividend. What was the entry to retained earnings when this transaction is recorded? $136,500 credit $115,000 debit $105,000 debit $105,000 credit $136,500 debit
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