question archive If a corporation declares and distributes a 10% stock dividend on its common shares, the account debited is: Dividends Payable

If a corporation declares and distributes a 10% stock dividend on its common shares, the account debited is: Dividends Payable

Subject:AccountingPrice: Bought3

If a corporation declares and distributes a 10% stock dividend on its common shares, the account debited is:

  • Dividends Payable.
  • Common Stock.
  • Share Capital.
  • Retained Earnings.

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