A company with 100,000 authorized shares of $4 par common st…
Questions
A cоmpаny with 100,000 аuthоrized shаres оf $4 par common stock issued 40,000 shares at $8. Subsequently, the company declared a 2% stock dividend on a date when the market price was $11 a What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?