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On June 30,2015,Roger Inc

Question 4

Multiple Choice

On June 30,2015,Roger Inc.showed the following data on the equity section of their balance sheet: On June 30,2015,Roger Inc.showed the following data on the equity section of their balance sheet: On July 1,2015,the company declared and distributed a 5% stock dividend.The market value of the stock at that time was $13 per share.Following this transaction,what would be the new balance in the Common stock account? A) $147,000 B) $26,000 C) $66,000 D) $246,000 On July 1,2015,the company declared and distributed a 5% stock dividend.The market value of the stock at that time was $13 per share.Following this transaction,what would be the new balance in the Common stock account?


A) $147,000
B) $26,000
C) $66,000
D) $246,000

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