Question: 1 9 When a property dividend is declared, the reduction in retained earnings is for the: Multiple Choice 0 0 . 4 7 . 5
When a property dividend is declared, the reduction in retained earnings is for the:
Multiple Choice
book value of the property on the date of distribution.
fair value of the property on the date of declaration.
fair value of the property on the date of distribution.
book value of the property on the date of declaration.
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