Question: Can i have some help i dont understand this question. So that i need help to answer this thank you 4. The journal entry to

Can i have some help i dont understand this question. So that i need help to answer this thank you

Can i have some help i dont understand this question. So that

4. The journal entry to record the declaration of the share dividend on June 25, 2020, will include a a. debit to retained earnings for P600,000 b. debit to retained earnings for P900,000 c. credit to share premium for P300,000 d. credit to share premium for P200,000 5. The journal entry on June 25, 2020, will include a credit to ordinary shares distributable in the amount of a. P200,000 b . P300,000 C. P600,000 d. P900,000 6. On July 8, 2020, the share premium account is credited for a. P300,000 b. P200,000 C. P600,000 d. -0- 7. Which of the following dividends will result in a decrease to total shareholders' equity? 1. large share dividend 11. cash dividend Ill. small share dividend a. I, Il, and III b. II and Ill c. Il only d. Ill only

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