Question: When stock dividends are distributed, Common Stock Dividends Distributable is decreased. Retained earnings is decreased. Paid-in Capital in Excess of Par is debited if it

When stock dividends are distributed, Common Stock Dividends Distributable is decreased.

When stock dividends are distributed, Common Stock Dividends Distributable is decreased. Retained earnings is decreased. Paid-in Capital in Excess of Par is debited if it is a small stock dividend. No entry is necessary if it is a large stock dividend

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