Business, 06.07.2019 13:00 carastudies1686

Which of the following is the journal entry to record the declaration of a stock dividend? a. debit common stock dividend distributable (number of shares × par value common stock); credit common stock (same) b. debit common stock dividend distributable (number of shares × market value common stock); credit common stock (same) c. debit retained earnings (market value × number of shares); credit common stock dividend distributable (number of shares × par value); credit paid-in capital in excess of par stock dividend (market value – par value) × number of shares d. debit common stock (number of shares × par value); credit cash

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Which of the following is the journal entry to record the declaration of a stock dividend? a. debit...