Which of the following statements about small stock dividends is true? a. A debit to Retained Earnings

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Which of the following statements about small stock dividends is true?

a. A debit to Retained Earnings for the par value of the shares issued should be made.

b. Market value per share should be assigned to the dividend shares.

c. A stock dividend decreases total stockholders' equity.

d. A stock dividend ordinarily will have no effect on book value per share of stock.

(SO 6)

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Financial Accounting

ISBN: 9780471169208

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jun 14, 2024 01:10 AM

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Which of the following statements about small stock dividends is true? a. A debit to Retained Earnings

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Financial Accounting

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