A stock dividend ? a) Redistributes stockholders' equity b) Decreases total stockholders' equity c) Increases total stockholders' equity d) Has no effect on the accounting equation

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 14MC: Which of the following is true of a stock dividend? A. It is a liability. B. The decision to issue a...
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Accounting

A stock dividend
?
a) Redistributes stockholders' equity
b) Decreases total stockholders' equity
c) Increases total stockholders' equity
d) Has no effect on the accounting equation
Transcribed Image Text:A stock dividend ? a) Redistributes stockholders' equity b) Decreases total stockholders' equity c) Increases total stockholders' equity d) Has no effect on the accounting equation
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