Question
Accounting true or false questions help 1- A stock dividend and a cash dividend are similar in that they both reduce total stockholders equity. However,
Accounting true or false questions help
1- A stock dividend and a cash dividend are similar in that they both reduce total stockholders equity. However, a stock dividend does not affect the statement of cash flows whereas a cash dividend does affect the statement of cash flows. True or false?
2-When preparing a statement of cash flows (indirect method), an increase in equipment would result in a deduction from net income. True or False?
3-The primary point of statement of cash flows is to determine the amount that cash changed the period. True or false?
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