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iogann1982 [59]
4 years ago
15

The entry to record the distribution of the stock dividend would include

Business
1 answer:
Iteru [2.4K]4 years ago
4 0

The correct answer is B. A debit to common stock distributed.

<em>The entry will be stock dividends debit, paid-in capital which is in excess per common credit stock, stock dividends which are being distributed.</em>

In credit entry it records distribution and declaration of stock dividend which includes the debit to the retained earnings and also a credit to the common stock.

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What is the term that describes a group of firms cooperating with each other in order to avoid competition?
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2. A company made the following merchandise purchases and sales during the current month
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