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Cash Dividends on the $10 Par Value Common Stock of Harland

Question 74

Multiple Choice

Cash dividends on the $10 par value common stock of Harland Company were as follows: Cash dividends on the $10 par value common stock of Harland Company were as follows:     What was the effect on Harland's stockholders' equity accounts as a result of the 2014 dividend transactions? Additional Common Stock Paid-In Capital Retained Earnings A)  $75,000 credit $0 $1,975,000 debit B)  $75,000 credit $75,000 credit $2,050,000 debit C)  $150,000 credit $150,000 credit $1,900,000 debit D)  $150,000 credit $75,000 credit $2,050,000 debit Cash dividends on the $10 par value common stock of Harland Company were as follows:     What was the effect on Harland's stockholders' equity accounts as a result of the 2014 dividend transactions? Additional Common Stock Paid-In Capital Retained Earnings A)  $75,000 credit $0 $1,975,000 debit B)  $75,000 credit $75,000 credit $2,050,000 debit C)  $150,000 credit $150,000 credit $1,900,000 debit D)  $150,000 credit $75,000 credit $2,050,000 debit What was the effect on Harland's stockholders' equity accounts as a result of the 2014 dividend transactions?
Additional
Common Stock Paid-In Capital Retained Earnings


A) $75,000 credit $0 $1,975,000 debit
B) $75,000 credit $75,000 credit $2,050,000 debit
C) $150,000 credit $150,000 credit $1,900,000 debit
D) $150,000 credit $75,000 credit $2,050,000 debit

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