Which of these statements about share dividends is true? (a) A credit entry should be made to
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Which of these statements about share dividends is true?
(a) A credit entry should be made to retained earnings for the dollar amount of the shares issued.
(b) A share dividend increases share capital.
(c) A share dividend decreases total equity.
(d) A share dividend ordinarily will increase total equity.
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Related Book For
Financial Accounting Reporting, Analysis And Decision Making
ISBN: 9780730363279
6th Edition
Authors: Shirley Carlon
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