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Bryan & Bales Has Just Declared a 15% Stock Dividend

Question 143

Multiple Choice

Bryan & Bales has just declared a 15% stock dividend. The current price of the stock is above the par value. All other things being equal, which of the following account balances will be affected by the stock dividend?


A) Common Stock
B) Paid in Excess
C) Retained Earnings
D) All of these account balances will be affected
E) None of these account balances will be affected.

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