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Which of the following statements is TRUE about the effects of both a stock dividend and a stock split on the equity section of
Which of the following statements is TRUE about the effects of both a stock dividend and a stock split on the equity section of a corporation's Balance Sheet? Assume the corporation only has Common Stock and no Preferred Stock. The par value per share will not change. The balance of the Retained Earnings account will not change. The balance of the Common Stock account will not change. The balance of Total Stockholders' Equity will not change. None of the other answers are correct.
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