Question
Complete the following chart by inserting an X for each statement that is true. Cash dividend Stock dividend Stock split Decreases retained earnings Has no
Complete the following chart by inserting an "X" for each statement that is true.
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| Cash dividend | Stock dividend | Stock split |
|---|---|---|---|
| Decreases retained earnings |
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|
|
| Has no effect on a liability |
|
|
|
| Increases paid-in capital by the |
|
|
|
| same amount that it decreases |
|
|
|
| retained earnings |
|
|
|
| Decreases both total assets and |
|
|
|
| total stockholders' equity |
|
|
|
| Has no effect on total |
|
|
|
| stockholders' equity |
|
|
|
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Data Analytics Using Excel Microsoft 365 With Accounting And Finance Datasets Version 3.0
Authors: Joseph Manzo
1st Edition
145333758X, 9781453337585
