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Upton Corp. declares and distributes a 1 0 % stock dividend on December 1 , 2 0 1 9 . On the date of declaration,

Upton Corp. declares and distributes a 10% stock dividend on December 1,2019. On the date of declaration, the stock is selling for $30 per share. There were 50,000 shares of $10 par value stock outstanding before the stock dividend.
Which of the following statements are true regarding the financial statement effect of the stock dividend? Select all that apply.
Select one or more:
a. Total paid-in capital will increase $150,000.
b. Total assets will decrease $150,000.
c. Total stockholders' equity will decrease $150,000.
d. Retained Earnings will decrease $150,000.
e. Total liabilities will increase $150,000.
Upton Corp. declares and distributes a 10% stock dividend on December 1,2019. On the date of declaration, the stock is selling for $30 per share. There were 50,000 shares of $10 par value stock outstanding before the stock dividend.
Which of the following statements are true regarding the financial statement effect of the stock dividend? Select all that apply.
Select one or more:
a. Total paid-in capital will increase $150,000.
b. Total assets will decrease $150,000.
c. Total stockholders' equity will decrease $150,000.
d. Retained Earnings will decrease $150,000.
e. Total liabilities will increase $150,000.
Upton Corp. declares and distributes a 10% stock dividend on December 1,2019. On the date of declaration, the stock is selling for $30 per share. There were 50,000 shares of $10 par value stock outstanding before the stock dividend.
Which of the following statements are true regarding the financial statement effect of the stock dividend? Select all that apply.
Select one or more:
a. Total paid-in capital will increase $150,000.
b. Total assets will decrease $150,000.
c. Total stockholders' equity will decrease $150,000.
d. Retained Earnings will decrease $150,000.
e. Total liabilities will increase $150,000.
Upton Corp. declares and distributes a 10% stock dividend on December 1,2019. On the date of declaration, the stock is selling for $30 per share. There were 50,000 shares of $10 par value stock outstanding before the stock dividend.
Which of the following statements are true regarding the financial statement effect of the stock dividend? Select all that apply.
Select one or more:
a. Total paid-in capital will increase $150,000.
b. Total assets will decrease $150,000.
c. Total stockholders' equity will decrease $150,000.
d. Retained Earnings will decrease $150,000.
e. Total liabilities will increase $150,000.
Upton Corp. declares and distributes a 10% stock dividend on December 1,2019. On the date of declaration, the stock is selling for $30 per share. There were 50,000 shares of $10 par value stock outstanding before the stock dividend.
Which of the following statements are true regarding the financial statement effect of the stock dividend? Select all that apply.
Select one or more:
a. Total paid-in capital will increase $150,000.
b. Total assets will decrease $150,000.
c. Total stockholders' equity will decrease $150,000.
d. Retained Earnings will decrease $150,000.
e. Total liabilities will increase $150,000.
Upton Corp. declares and distributes a 10% stock dividend on December 1,2019. On the date of declaration, the stock is selling for $30 per share. There were 50,000 shares of $10 par value stock outstanding before the stock dividend.
Which of the following statements are true regarding the financial statement effect of the stock dividend? Select all that apply.
Select one or more:
a. Total paid-in capital will increase $150,000.
b. Total assets will decrease $150,000.
c. Total stockholders' equity will decre
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