On January 1, 2017, when the market value of their common shares was $20 per share, Belgrade Inc.declared a 10% common stock dividend.Shareholders' equity before the stock dividend was declared was:
Common shares, no par value, authorized 200,000 shares,
What was the effect on Belgrade's retained earnings as a result of the stock dividend?

Question

On January 1, 2017, when the market value of their common shares was $20 per share, Belgrade Inc.declared a 10% common stock dividend.Shareholders' equity before the stock dividend was declared was:
Common shares, no par value, authorized 200,000 shares, 
What was the effect on Belgrade's retained earnings as a result of the stock dividend?

Quizplus · Accepted Answer

The Answer of On January 1, 2017, when the market value of their common shares was $20 per share, Belgrade Inc.declared a 10% common stock dividend.Shareholders' equity before the stock dividend was declared was:
Common shares, no par value, authorized 200,000 shares, 
What was the effect on Belgrade's retained earnings as a result of the stock dividend?

On January 1, 2017, When the Market Value of Their