Which of the following is not true about a 10% share dividend? a. The market value of

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Which of the following is not true about a 10% share dividend?

a. The market value of the share is needed to record the share dividend.

b. Total shareholders’ equity remains the same.

c. Paid-in Capital increases.

d. Retained Earnings decreases.

e. Par value decreases.

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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