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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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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.

Answered Same Day Dec 24, 2021

Solution

Robert answered on Dec 24 2021
106 Votes
Which of the following is not true about a 10% stock dividend?
a. Retained earnings decrease.
. 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...
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