Identify the effect the declaration of a stock dividend has on total share capital, retained earnings, and shareholders' equity. O O Total Share Capital Retained Earnings no effect increase decrease increase increase decrease decrease decrease Shareholders' Equity increase decrease no effect no effect
Identify the effect the declaration of a stock dividend has on total share capital, retained earnings, and shareholders' equity. O O Total Share Capital Retained Earnings no effect increase decrease increase increase decrease decrease decrease Shareholders' Equity increase decrease no effect no effect
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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Identify the effect the declaration of a stock dividend has on total share capital, retained earnings, and shareholders' equity.
O
O
O
Total Share Capital Retained Earnings
no effect
increase
decrease
increase
increase
decrease
decrease
decrease
Shareholders' Equity
increase
decrease
no effect
no effect](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0dadc134-a749-4dda-a3b6-de1bef4351d8%2F723e5379-f9cd-4cc5-aa79-3a09d8738105%2Fmo696eb_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Current Attempt in Progress
Identify the effect the declaration of a stock dividend has on total share capital, retained earnings, and shareholders' equity.
O
O
O
Total Share Capital Retained Earnings
no effect
increase
decrease
increase
increase
decrease
decrease
decrease
Shareholders' Equity
increase
decrease
no effect
no effect
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