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Question 31 When recording the declaration of a cash dividend, which account will be used? Common stock dividend distributable Stock dividends Cash Cash dividends payable
Question 31 When recording the declaration of a cash dividend, which account will be used? Common stock dividend distributable Stock dividends Cash Cash dividends payable Question 32 A small stock dividend will: all of these statements are correct will use the market price when recording the declaration of the stock dividend O potentially use the Additional Paid-In Capital account when recording the declaration of the stock dividend O result when the new shares are less than 25% of the previously outstanding shares
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