Which of the following is not true about a (10 %) stock dividend? a. Shareholders do not

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Which of the following is not true about a $10 \%$ stock dividend?

a. Shareholders do not receive additional shares.

b. No assets are affected.

c. Retained Earnings decreases.

d. The market price of the share is needed to record the stock dividend

e. Total shareholders' equity remains the same.

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Financial Accounting

ISBN: 9780135433065

7th Canadian Edition

Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin

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Question Posted: May 10, 2024 04:00 AM

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Which of the following is not true about a (10 %) stock dividend? a. Shareholders do not

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Financial Accounting

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