Question 13 Dolanski Company declares and distributes a 30% common stock dividend when it has...
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Question 13 Dolanski Company declares and distributes a 30% common stock dividend when it has 60,000 shares of $10 par common stock Outstanding. The market price per share is $75 at the date of dectaration. Which journal entry is prepared? 4 debe Retained Earnings $1.350.000 credit Paid in Capital in Excess of Par Common $500.000 betained Earnings 5180.000 and credit Common Stock $180,000 debitRetained Earnings $1.350.000 Credit Common Stock $180.000 and credit Paid in Capital in Excess of Par-Common $1.170.000 debie Vorted Earings $1.350.000 and credit Common Stock $1,350,000 Previous No new data to save. Last checked at 8:22am Next Submit Quiz MacBook Pro V E 5 R. & 7 T D 8 Y F U G H O V J P B. K N L
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