What effect does a stock dividend have on the accounts of the corporation? A stock split?
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What effect does a stock dividend have on the accounts of the corporation? A stock split?
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Stock dividends do not affect assets liabilities or tota...View the full answer
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