Which of the following is not true about a 10% stock dividend? O A. Retained Earnings...
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Which of the following is not true about a 10% stock dividend? O A. Retained Earnings decreases. B. No assets are affected. C. O D. Total shareholders' equity remains the same. O E. The market price of the share is needed to record the stock dividend. Shareholders do not receive additional shares. Which of the following is not true about a 10% stock dividend? O A. Retained Earnings decreases. B. No assets are affected. C. O D. Total shareholders' equity remains the same. O E. The market price of the share is needed to record the stock dividend. Shareholders do not receive additional shares.
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Explanation A 10 stock dividend involves issuing additional shares to sha... View the full answer
Related Book For
Financial accounting
ISBN: 978-0136108863
8th Edition
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
Posted Date:
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