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Following Is the Shareholders' Equity Section of the Balance Sheet

Question 69

Multiple Choice

Following is the shareholders' equity section of the balance sheet of the Everslim Corporation: Share capital:
Common shares,100,000 shares authorized,
Following is the shareholders' equity section of the balance sheet of the Everslim Corporation: Share capital: Common shares,100,000 shares authorized,   The common shares are currently selling for $15.50 per share. The balance in the Common Shares account after the distribution of a 15% common stock dividend is: A)  $650,000 B)  $747,500 C)  $801,125 D)  $1,150,125 The common shares are currently selling for $15.50 per share.
The balance in the Common Shares account after the distribution of a 15% common stock dividend is:


A) $650,000
B) $747,500
C) $801,125
D) $1,150,125

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