Question: Help Sives 8 Euit Superior Corporation declared a 3 - for - 2 common stock spit, but this transaction was erroneously recorded as a 5
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Sives Euit
Superior Corporation declared a for common stock spit, but this transaction was erroneously recorded as a common stock dividend. As a result
Multiple Choice
Metained earnings is understated.
The totel dollar amount of stockhoiders' equity is overstated.
The corporate records do not show the correct number of shares of common stock outilanding
The common stock account is understated.
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