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Brayden Co. pays a stock dividend of $50,000. The distribution of the dividend will causes increase in total expenses. increase in liabilities, There is no
Brayden Co. pays a stock dividend of $50,000. The distribution of the dividend will causes increase in total expenses. increase in liabilities, There is no change to assets, liabilities or stockholders' equity in total, decrease in total assets. 1.67 points Later in the year, Brayden declares a 2-for-1 stock split. Brayden's entry to record this transaction will include a o credit to Common Stock. debit to Retained Earnings. debit to Common Stock. No entry is required for a stock split. The statement of cash flows gives us all of the following except the change in the cash balance for the current period. the dollar amount of checks written during the period. the amount of cash available to use in future periods. how cash was used during the current period. 1.67 points On the cash flow statement, an example of a financing activity would be the purchase of inventory. O issuance of new common stock. sale of investments. purchase of equipment
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