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3.3 pts Brown Company declares and issues a stock dividend on April 1. What is the effect of this transaction on the balance of
3.3 pts Brown Company declares and issues a stock dividend on April 1. What is the effect of this transaction on the balance of retained earnings and total stockholders' equity, respectively, for Brown? O Increase Retained Earnings: No Effect on Total Stockholders' Equity O Decrease Retained Earnings: Decrease Total Stockholders' Equity O No Effect on Retained Earnings; Decrease Total Stockholders' Equity O Decrease Retained Earnings; No Effect on Total Stockholders' Equity O No Effect on Retained Earnings: No Effect on Total Stockholders' Equity
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Principles Of Cost Accounting
Authors: Edward J. Vanderbeck
15th Edition
978-0840037039, 0840037031
