Question: If a 10% stock dividend is declared, current liabilities are Answers: A) Unchanged by the dividend declaration and increased by the dividend distribution. B) Unchanged

If a 10% stock dividend is declared, current liabilities are
Answers:

A) Unchanged by the dividend declaration and increased by the dividend distribution.

B) Unchanged by the dividend declaration and decreased by the dividend distribution.

C) Increased by the dividend declaration and unchanged by the dividend distribution.

D) Unchanged by either the dividend declaration or the dividend distribution.

Question 10

Stayman Co. declared a 30% stock dividend. This transaction
Answers:

A) Increases total equity and retained earnings.

B) Decreases total equity and retained earnings.

C) Has no effect on total equity or retained earnings.

D) Has no effect on total equity but decreases retained earnings.

Please can you explain wchic one and why is the answer

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