Question
The declaration and issuance of a share dividend a.decreases retained earnings but does not change total equity. b.may increase share premium but does not change
The declaration and issuance of a share dividend
a.decreases retained earnings but does not change total equity.
b.may increase share premium but does not change total equity.
c.increases ordinary shares outstanding and increases total equity.
d.increases retained earnings and increases total equity.
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Advanced Financial Accounting
Authors: Thomas H. Beechy, V. Umashanker Trivedi, Kenneth E. MacAulay
7th edition
132928930, 978-0132928939
