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The effect of a stock dividend is to change the composition of stockholders' equity Select one: True O False 22 on 1/1/2017 Assume that Home

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The effect of a stock dividend is to change the composition of stockholders' equity Select one: True O False 22 on 1/1/2017 Assume that Home Corp. acquired 25% of the ordinary shares of South Corp for $300,000 of During 2017, South Corp. reported net income of $160,000 and paid total dividends $60,000. If Home uses the equity method to account for its investment, the debt side in the journal entry to record gain from investment account on December 31, 2017, will be estion Select one: a. Investment 40.000 b. cash 160,000 cu investment 160,000 d. cash 40,000

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