Question
The distribution of a stock dividend ________. a) decreases both assets and liabilities b) decreases assets and increase liabilities c) effects only stockholders equity accounts
The distribution of a stock dividend ________.
a) decreases both assets and liabilities
b) decreases assets and increase liabilities
c) effects only stockholders’ equity accounts
d) increases both dividends payable and cash
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Intermediate Accounting
Authors: David Spiceland
11th Edition
1264134525, 9781264134526
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