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On December 3 1 , 2 0 1 9 , the shareholders' equity section of the balance sheet of R & L Corporation reflected the
On December the shareholders' equity section of the balance sheet of R & L Corporation reflected the following:
Common shares nopar value; authorized shares; outstanding
table shares$
On December the shareholders' equity section of the balance sheet of R & L Corporation reflected the following:
tableCommon shares nopar value; authorized shares; outstanding shares$
Which of the following statements are true consequent upon the declaration of stock dividend? You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.
Total assets will not change.
Total liabilities will not change.
Total shareholders' equity will change.
Retained earnings will be reduced by the amount of dividend.
Common stock and Additional paidin capital will not change.
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