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Which of the following is true? A bonus issue can only be paid out of retained profits as stock dividends can only be paid from
Which of the following is true?
A bonus issue can only be paid out of retained profits as stock dividends can only be paid from past profits.
If one shareholder did not pay a call and this shareholder had 150 shares, the resulting journal entry for the receipt of call money would include: Dr Cash; Cr Call.
A share split increases both the number of shares on issue and total shareholders' equity.
A share split requires a journal entry to be recognised.
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