A stock dividend has what effect on the following accounts?
A) Debit Retained Earnings,debit Common Stock;credit Paid-in Capital in Excess of Par.
B) Debit Common Stock;credit Retained Earnings;credit Paid-in Capital in Excess of Par.
C) Debit Retained Earnings;credit Common Stock,credit Paid-in Capital in Excess of Par.
D) Credit Retained Earnings,credit Common Stock and credit Paid-in Capital in Excess of Par.
Correct Answer:
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