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A large stock dividend: a) Results in a transfer of retained earnings to common stock and additional paid-in capital. b) Reduces the par value per
A large stock dividend:
a) Results in a transfer of retained earnings to common stock and additional paid-in capital.
b) Reduces the par value per share by the percentage of the additional shares issued.
c) Is accounted for in exactly the same manner as a stock split.
d) Results in a transfer of retained earnings to the common stock account.
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