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Business, 05.05.2020 19:25 katherineweightman

A corporation declared and issued a 15% stock dividend on October 1. The following information was available immediately prior to the dividend: Retained earnings $ 750,000 Shares issued and outstanding 60,000 Market value per share $ 15 Par value per share $ 5 The amount that paid-in capital will increase (decrease) as a result of recording this stock dividend is: Multiple Choice $45,000. $135,000. $(45,000). $(135,000). $0.

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A corporation declared and issued a 15% stock dividend on October 1. The following information was a...
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