tashaelliott2376 tashaelliott2376

23-12-2022
Business

Answered

a company with 91,000 authorized shares of $8 par common stock issued 37,000 shares at $15. subsequently, the company declared a 2% stock dividend on a date when the market price was $31 per share. what is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?

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