Question: multi qurstion please answer all The Common Stock Dividend Distributable account is classified as alan: 1. current liability account 2. shareholders' equity account 3. long-term

multi qurstion please answer all

long-term liability account 4. intangible asset account Cash and stock dividends reduce

The Common Stock Dividend Distributable account is classified as alan: 1. current liability account 2. shareholders' equity account 3. long-term liability account 4. intangible asset account Cash and stock dividends reduce retained earnings. 1. True 2. False Which of the following is true about the effects of a stock dividend: 1. Shareholders' Equity. Decreases, Retained Earnings: No Change 2. Shareholders' Equity. Decreases, Retained Earnings: Decreases 3. Shareholders' Equity: No Change, Retained Earnings: Decreases 4. Shareholders' Equity: No Change, Retained Earnings: No Change

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