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Svetllana [295]
2 years ago
13

Centurion Alarms recently declared a 10 percent stock dividend. Prior to the stock dividend, the equity section on Centurion's b

alance sheet was: ​ Common stock (100,000 shares outstanding, $1 par value) $100,000 Additional paid-in capital 60,000 Retained earnings 90,000 Total common shareholders' equity $250,000 ​ Centurion's stock currently sells for $4 per share. After the stock dividend is paid, the amount in the Common stock account should be _______ and the amount in the Retained earnings account should be ______. $110,000; $50,000 $100,000; $90,000 $140,000; $50,000 $100,000; $50,000 $90,000; $110,000
Business
1 answer:
LenKa [72]2 years ago
4 0

I believe the answer would be $110,000; $50,000

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