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Home > Business & Careers > Accounting   »   Accounting for treasury stock used in stock dividend

 
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Old Feb 6, 2007, 08:08 AM
sidjes
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Accounting for treasury stock used in stock dividend

How do I account for treasury stock use in a stock dividend for preferred stock?
What would the journal entry by?
I don't beleive I should debit retained earnings for this transaction, but I'm not sure what account to debit.
Please Help

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