Help will thumbs up! On January 1, Marigold Corporation had...
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On January 1, Marigold Corporation had 920000 shares of $10 par value common stock outstanding. On March 31, the company declared a 25% stock dividend. Market value of the stock was $20/share. As a result of this event, Marigold's Paid-in Capital in Excess of Par account increased $2300000. Marigold's total stockholders' equity was unaffected. Marigold's Stock Dividends account increased $4600000. All of these answers are correct
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