Which of the following statements about small share dividends is true? a. A debit to Retained Earnings
Question:
Which of the following statements about small share dividends is true?
a. A debit to Retained Earnings should be made for the par value of the shares issued.
b. A small share dividend decreases total equity.
c. Market price per share should be assigned to the dividend shares.
d. A small share dividend ordinarily will have an effect on par value per share.
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The correct statement about small share dividends is d A small share dividend ordinarily will have a...View the full answer
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Related Book For 
Financial Accounting With International Financial Reporting Standards
ISBN: 9781119787051
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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