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What would be the debit to retained earnings

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Reference no: EM132493992

Point 1: On March 1, St. George Company declares a stock dividend on its $1 par value stock. It had 1,000 shares outstanding and the market value was $13 per share.

Question a. What would be the debit to retained earnings for a 10 percent stock dividend?

Question b. What would be the debit to retained earnings for a 30 percent stock dividend?

Reference no: EM132493992

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