Which of the following statements about small stock dividends is true? (a) A debit to Retained Earnings

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Which of the following statements about small stock dividends is true?

(a) A debit to Retained Earnings for the par value of the shares issued should be made.

(b) A small stock dividend decreases total stockholders’

equity.

(c) Market price per share should be assigned to the dividend shares.

(d) A small stock dividend ordinarily will have an effect on par value per share of stock.

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Related Book For  book-img-for-question

Financial And Managerial Accounting

ISBN: 9781118004234

1st Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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