Share splits and share dividends may be used by a corporation to change the number of its shares outstanding (a) What is meant by a share split effected in the form of a dividend (b) From an accounting viewpoint, explain how the share split effected in the form of a dividend differs from an ordinar...

a A share split effected in the form of a dividend is a distribution of corporate shares to present shareholders in proportion to each shareholders cu ...

Share splits and share dividends may be used by a corporation to change the number of its

Question:

Share splits and share dividends may be used by a to change the number of its shares outstanding.
(a) What is meant by a share split effected in the form of a From an accounting viewpoint, explain how the share split effected in the form of a differs from an ordinary share How should a share that has been declared but not yet issued be classified in a statement of financial position? Why?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...