Business, 30.03.2020 17:20 lordcaos066

A company with 108,000 authorized shares of $4 par common stock issued 33,000 shares at $12. 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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A company with 108,000 authorized shares of $4 par common stock issued 33,000 shares at $12. Subsequ...