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uestion 3 Orange Inc. is giving out a large stock dividend. This would Results in a transfer of retained earnings to common stock and additional

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uestion 3 Orange Inc. is giving out a large stock dividend. This would Results in a transfer of retained earnings to common stock and additional paid-in capital. Reduces the par value per share by the percentage of the additional shares issued. is accounted for in exactly the same manner as a stock split. Results in a transfer of retained earnings to the common stock account. A Moving to another question will save this response. on

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