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Please help it says incomplete not sure what i missed On February 1, 2020, the board of directors declared a 8 percent stock dividend to
Please help it says incomplete not sure what i missed
On February 1, 2020, the board of directors declared a 8 percent stock dividend to be issued on April 30, 20zu. ine market value of the shares on February 1,2020 , was $13.00 per share. 1. For comparative purposes, prepare the shareholders' equity section of the balance sheet (of) immediately before the stock dividend and (bl immediately after the stock dividend. (Amounts to be deducted should be indicated with a minus sign.) Required: 2. Which of the following statement(s) 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 bor 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 paid-in capital will not change. Incomplete Step by Step Solution
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