Riverbed Company declared a $19000 stock dividend that resulted in issuing common stock with a...
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Accounting
Riverbed Company declared a $19000 stock dividend that resulted in issuing common stock with a par value of $3800. If Martinez uses a worksheet to help prepare its Statement of Cash Flows, what would be entered into the reconciling columns?
a $19000 debit in the bottom portion because it is a financing activity
a $3800 credit in the bottom portion because it is a financing activity
a $19000 debit to Retained Earnings
a $19000 credit in the bottom portion because it is a financing activity
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