What is the amount transferred from the retained earnings, Accounting Basics

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What is the amount transferred from the retained earnings

A company issued 40,000 shares of $5 common stock at $8. The company has now issued a 5% stock dividend when the market price of the stock is $10 a share. What is the amount transferred from the Retained earnings account to the Paid-in capital accounts as a result of the stock dividend?

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Accounting Basics: What is the amount transferred from the retained earnings

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Accounting Basics: What is the amount transferred from the retained earnings

Reference No:- TGS077817

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the amount transferred from the retained earnings

Reference No:- TGS077817

Recent Questions Asked Accounting Basics

Q : What was the average issue price of the common stock shares

Q : What was the total paid-in capital as of december 31, 2010

Q : Creation of the sarbanes-oxley act

Q : Explain type of furniture to make to maximize profit

Q : What is the amount transferred from the retained earnings

Q : Sarbanes-oxley act in the long run

Q : What would be the total paid-in capital

Q : Draw a graph illustrating the crossover point

Q : What is the balance in retained earnings at the end

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