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The entry to record the distribution of the stock dividend would include A. a credit to Common Stock. B. a debit to Common Stock Distributable. C. Both a and b D. None of the above
The entry to record the distribution of the stock dividend would include a debit to Common Stock Distributable.
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Asked 7/26/2016 1:39:57 PM
Updated 7/26/2016 8:39:22 PM
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Confirmed by jeifunk [7/26/2016 8:39:22 PM]
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Questions asked by the same visitor
Typically, the only credit to the retained earnings account for a corporation is A. the initial investment of stockholders. B. net income of the period. C. net loss of the period. D. any withdrawals by the owners.
Weegy: Typically, the only credit to the retained earnings account is for the net income of a period. (More)
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Updated 7/26/2016 8:39:01 PM
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