When a company declares a cash or stock dividend, a journal entry is recorded but this does

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When a company declares a cash or stock dividend, a journal entry is recorded but this does not happen when a stock split takes place. Why?
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Financial Accounting Tools for Business Decision Making

ISBN: 978-1119368458

7th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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