A small stock dividend decreases common stock. has no effect on total equity. increases Retained Earnings. Items a, b, and c are correct.
A small stock dividend decreases common stock. has no effect on total equity. increases Retained Earnings. Items a, b, and c are correct.
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 16MCQ
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A small stock dividend
- decreases common stock.
- has no effect on total equity.
- increases
Retained Earnings . - Items a, b, and c are correct.
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