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A cash dividend is __ - a conta asset account - a pro rate distribution of cash to stockholders - normal balance a credit -

A cash dividend is __

- a conta asset account

- a pro rate distribution of cash to stockholders

- normal balance a credit

- recorded as an expense to company

2. a stock dividend

-is a contra asset account

- a pro rate distribution to stockholders of corporations own stock

-reported on income statement

- increases owners equity

3. A stock split

- allocated to preferred stockholders only

-increases owners equity

-recorded debit to cash

-allocated to stockholders pro rate according to their % ownership

4. deficit is

- credit balance in retained earnings

- debit balance in retained earnings

- credit balance in APIC

- debit balance in common stock

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