1. Discuss the differences between reporting a large stock dividend and a small stock dividend. Why is...
Question:
1. Discuss the differences between reporting a large stock dividend and a small stock dividend. Why is the distinction made between these two reporting practices?
2. Compare the differences in the financial statements between a cash dividend, a scrip dividend, and a stock split.
3. From the following five events, list only those that would be considered an equity shift?
(Small stock dividend; large stock dividend; stock split; scrip dividend; cash dividend).
1. What are the criteria for capitalizing a lease from the lessee's point of view?
2. What are two reasons why a Lessee would enter into a lease?
3. What is one reason a Lessor would enter into a lease?
Concepts in Federal Taxation
ISBN: 9780324379556
19th Edition
Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher