Question: A stock dividend Multiple Choice O will not change retained earnings will reduce total stockholders' equity will not change total stockholders' equity will not change



A stock dividend Multiple Choice O will not change retained earnings will reduce total stockholders' equity will not change total stockholders' equity will not change retained earnings. will reduce total stockholders' equity. will not change total stockholders' equity. will increase retained earnings. is accounted for like a stock split In the financial statements, Discount on Bonds Payable is: Multiple Choice deducted from Bonds Payable deducted from Bond Interest Expense a contra-equity account added to Bonds Payable. Complete the following table based on three independent cases: The board of directors declares and pays a $6 cash dividend, The board of directors declared and issued a 50% stock dividend. Case 3: The board of directors voted a 4-for-1 stock split. Assume the market price of the stock is $19 per share. Case 1: Cose 2: Items Before Stock Transactions Case 1 After $6 Per Share Cash Dividend Case 2 After 50% Stock Dividend Case 3 After 4.for 1 Stock Split 10,000 10.00 5 Number of shares outstanding Par value per share Common stock account Additional paid in capital Retained earnigs Total stockholders' equilty 140,000 270,000
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