[Solved] Landess Corporation currently has 120,000 shares outstanding of $1 par value common stock. The stock was originally issued for $12 per share. On March 15, the board of directors declares a 10% stock dividend when the stock is selling for $16 per share. Which of the following is the correct journal entry to record this transaction? A)Debit Common Stock Dividend Distributable $12,000, debit Paid-In Capital in Excess of Par-Common for $180,000 and credit Retained Earnings $192,000. B)Debit Retained Earnings $192,000 and credit Common Stock Dividend Distributable $192,000. C)Debit Retained Earnings $192,000, credit Common Stock Dividend Distributable $12,000 and credit Paid-In Capital in Excess of Par-Common $180,000. D)Debit Paid-In Capital in Excess of Par-Common $192,000 and credit Retained Earnings $192,000. Using Pornography: The engagement with sexually explicit materials such as videos, magazines, or websites, often discussed in the context of its psychological and relational effects. Landmarks: Physical features or objects in the environment that serve as reference points for navigation or understanding a location. Hobbies and Interests: Activities that individuals engage in for pleasure, relaxation, or personal satisfaction during their spare time. People: Human beings considered collectively or as individuals, emphasizing the human aspect of any context or situation.