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Which a stock dividend affects the debiting of accounts

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Reference no: EM132950817

Problem 1: A stock dividend affects the debiting and crediting of the following accounts.

Option 1: Debit retained earnings, credit common stock and credit paid-in capital in excess of par..

Option 2: Credit retained earnings, debit common stock and credit paid-in capital in excess of par.

Option 3: Credit retained earnings, credit common stock and credit paid-in capital in excess of par.

Option 4: All are correct

Reference no: EM132950817

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