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Share splits and share dividends have the same effect on a company's retained earnings and total shareholders' equity. Question 7 Not yet Select one: O True answered Marked out of 1.00 O False P Flag question Question 8 Which of the following statements is true regarding the differences between amortized cost and fair value for debt investments? Not yet answered Marloed out of 100 Flag question Select one When bonds sold at a discount and are accounted for using amortized cost, interest revenue will be greater than the interest revenue recorded under fair value. When bonds sold at a premium and are accounted for using amortized cost, Interest revenue will be less than the interest revenue recorded under fair value. Under the fair value approach, an unrealized gain or loss is recorded in each year whereas no unrealized gains or losses are recorded under the amortized cost method O All of these answer choices are correct. Question 9 Companies recognize a gain or loss on the conversion of convertible debt before maturity, Not yet Select one: False True Marked out 100 la guestion When a stare dividend is declared on the ordinary shares outstanding a company is required to transfer the par value of the shares issued from retained earnings Question 10 Loty Select one True o False Marked out of LOO Ne O 0 Type here to search