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  3. 3-on january 1, key corporation had 2,000,000 shar

3-On January 1, Key Corporation had 2,000,000 shares of $10 par value common stock outstanding....

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Accounting

3-On January 1, Key Corporation had 2,000,000 shares of $10 par value common stock

outstanding. On March 31, the company declared a 20% stock dividend. Market value of

the stock was $15/share. As a result of this event,

a-Keys Paid-in Capital in Excess of Par account increased $2,000,000

b.Keys total stockholders equity was unaffected.

c. Keys Stock Dividends account increased $6,000,000.

d

All of these answer choices are correct.

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