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On June 30,2018,Ginger,Inc

Question 163

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On June 30,2018,Ginger,Inc.showed the following data on the equity section of their balance sheet:
On June 30,2018,Ginger,Inc.showed the following data on the equity section of their balance sheet: On July 1,2018,the company declared and distributed a 9% stock dividend.The market value of the stock at that time was $20 per share.Following this transaction,what is the balance of Common Stock? A) $163,500 B) $57,180 C) $285,540 D) $357,180
On July 1,2018,the company declared and distributed a 9% stock dividend.The market value of the stock at that time was $20 per share.Following this transaction,what is the balance of Common Stock?


A) $163,500
B) $57,180
C) $285,540
D) $357,180

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