Question: Pick the correct statement related to stock dividend from below Multiple Choice A small stock dividend increases the common stock account by the market price
Pick the correct statement related to stock dividend from below Multiple Choice A small stock dividend increases the common stock account by the market price of each share issued A small stock dividend reduces cash by the total market value of the issued shares. A stock dividend affects the par volue per share but not the equity account balances A small stock dividend increases the common stock account by the market price of each share issued. A small stock dividend reduces cash by the total market value of the issued shares. A stock dividend affects the par value per share but not the equity account balances. A small stock dividend reduces retained earnings by the market price of each share issued. A small stock dividend does not offect the capital in excess of par value account
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