a-company-declares-a-stock-dividend-of-4000-shares-with-a-par-value-of-050-what-

Question

A company declares a stock dividend of 4,000 shares with a par value of $0.50. What is the amount allocated to the common stock account?

Accepted Answer

$2,000

Answer

$1,000

Answer

$8,000

Answer

$4,000

A company declares a stock dividend of 4,000 shares with a par value of \$0.50. What is the amount allocated to the common stock account?