Question
?Quirk Corporation issued a 100% stock dividend of its common stock which had a par value of $10 before and after the dividend. At what
?Quirk Corporation issued a 100% stock dividend of its common stock which had a par value of $10 before and after the dividend. At what amount should retained earnings be capitalized for the additional shares issued?
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| Par value |
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| Fair value on the declaration date |
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| There should be no capitalization of retained earnings |
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| Fair value on the payment date |
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Importance Of An Audit In The Internal Control System Evaluation Of The Internal Control System For Inventory Management In A Commercial Company
Authors: Gabriela Saltos, Hernán Maldonado
1st Edition
6202823798, 978-6202823791
