Which of the following statements about small stock dividends is true? (a) A debit to Retained Earnings
Question:
Which of the following statements about small stock dividends is true?
(a) A debit to Retained Earnings for the par value of the shares issued should be made.
(b) A small stock dividend decreases total stockholders’
equity.
(c) Market price per share should be assigned to the dividend shares.
(d) A small stock dividend ordinarily will have an effect on par value per share of stock.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781118004234
1st Edition
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
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