Which of the following is not true about a 10% stock dividend?
a. Retained earnings decrease.
b....

Question

Which of the following is not true about a 10% stock dividend?
a. Retained earnings decrease.
b. Paid-in capital increases.
c. Par value decreases.
d. Information concerning the market value of the stock is needed to record the stock dividend journal entry.
e. Total stockholders’ equity remains the same.

Robert · Accepted Answer

Which of the following is not true about a 10% stock dividend? 
a. Retained earnings decrease. 
b. Paid-in capital increases. 
c. Par value decreases. 
d. Information concerning the market value of the stock is needed to record the stock dividend journal entry. 
e.

Which of the following is not true about a 10% stock dividend? a. Retained earnings decrease. b. Paid-in capital increases. c. Par value decreases. d. Information concerning the market value of the...

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