of $1 Wildcat, Inc. declared a 10% stock dividend when it had 250,000 share stock outstanding. The market price per share of common stock was $10 per share when the dividend was declared. The entry to record the stock dividend would include a credit to: O Common Stock $250.000. O Retained Earnings $250.000. O Retained Earnings $25.000. O Additional Paid in Capital $250,000. O None of the above.

of $1 Wildcat, Inc. declared a 10% stock dividend when it had 250,000 share stock outstanding. The market price per share of common stock was $10 per share when the dividend was declared. The entry to record the stock dividend would include a credit to: O Common Stock $250.000. O Retained Earnings $250.000. O Retained Earnings $25.000. O Additional Paid in Capital $250,000. O None of the above.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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provide answer for A, B and C