The distribution of a stock dividend ________. a) decreases both assets and liabilities b) decreases assets and

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The distribution of a stock dividend ________.

a) decreases both assets and liabilities

b) decreases assets and increase liabilities

c) effects only stockholders’ equity accounts

d) increases both dividends payable and cash

Related Book For answer-question

Intermediate Accounting

ISBN: 9781264134526

11th Edition

Authors: David Spiceland

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Posted Date: Dec 13, 2022 05:40 AM

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The distribution of a stock dividend ________. a) decreases both assets and liabilities b) decreases assets and

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Intermediate Accounting

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