Dividends are expenses since they decrea.se stockholders' equity. pg85

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Accounting A Business Perspective

ISBN: 9780075615859

7th Edition

Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher

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A stock dividend reduces the retained earnings balance and permanently capitalizes the reduced portion of the retained earnings. pg85
The purchase of treasury stock does not affect stockholders' equity. pg85
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Dividends are expenses since they decrea.se stockholders' equity. pg85

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Accounting A Business Perspective

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