A corporation may use stock splits and stock dividends to change the number of shares of its

Question:

A may use stock splits and stock dividends to change the number of shares of its stock outstanding.

Required:
a. What is meant by a stock split effected in the form of a
b. From an accounting viewpoint, explain how the stock split effected in the form of a differs from an ordinary stock
c. How should a stock that has been declared but not yet issued be classified in a statement of financial position? Why? Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...