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    Fundamental Financial Accounting Concepts Study Set 1
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    Exam 11: Proprietorships,partnerships,and Corporations
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    When a Corporation Records a Stock Dividend,it Debits Retained Earnings
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When a Corporation Records a Stock Dividend,it Debits Retained Earnings

Question 73

Question 73

True/False

When a corporation records a stock dividend,it debits Retained Earnings for the par value of the stock.

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