Danny inc issued a 100 stock dividend of its common stock, Financial Accounting

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Danny inc issued a 100 stock dividend of its common stock

Danny Inc. issued a 100% stock dividend of its common stock which had a par value of $.01, and a market value of $123 on declaration date and $62 on payment date. At what amount should retained earnings be capitalized for the additional shares issued?

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Financial Accounting: Danny inc issued a 100 stock dividend of its common stock

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Financial Accounting: Danny inc issued a 100 stock dividend of its common stock

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