
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Explain stock dividends and stock splits and how we account for them.
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- How do you journalize entries for stock dividends?arrow_forwardWhat is the difference between common stock, preferred stock and capital? Do all of these accounts appear in equity? Do they have DR or CR balances?Finally how many and what other accounts can be under equity?arrow_forwardWhat is a stock dividend? How does a common stock dividend distributed to common stockholders affect their respective ownership interests?arrow_forward
- what is the common stock dividendsarrow_forwardHow do you calculate outstanding shares of stock?arrow_forwardWhat is the purpose of a stock dividend or stock split? How does a stock split impact a company's financial statements? How does a stock split impact a stockholders' individual investment?What is a reverse stock split?arrow_forward
- What is treasury stock? Why would a company repurchase its own stock? How might they dispose of the treasury stock?arrow_forwardWhat is a stock split? How does a stock split affect the market value of a share of stock? What is a stock spin-off? In very general terms, explain how a stock spin-off works.arrow_forwardShould preferred stock be considered as equity or debt? Explain.arrow_forward
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