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Question - On December 20, 2017, Renick Corp. had the following:
# of Common Shares Outstanding: 50,000 shares
Value of Common Shares: $625,000
Retained Earnings: $160,000
On December 20, the company declared a 10% Stock Dividend to shareholders as of the record date of December 25 to be paid on Dec. 31. The market price of share when the stock dividends were declared was $16 per share.
Show the Shareholder's Equity section of the Balance Sheet for Renick Corp. after the distribution of stock dividends.
Worldcom's controller, director of general accounting, How should an employee respond to questionable or unethical requests from superiors
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a company has a balance of 300000 in its common stock account. the par-value of the common stock is 10share. the
Journalize the transactions and the closing entry for net income. Prepare a stockholders' equity section at december 31 ,2017).
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