Just before Arugone Funeral Homes Inc. issued a 10% share dividend on December 1, the following data were collected: Retained earnings Shares outstanding Market value per share Par value per share Shares issued The amount that total equity will increase (decrease) as a result of recording the share dividend is Multiple Choice с $7,500 $(9,000) $22,500 $(27,000) $650,000 10.000 $10 $4 11,000 $-0-

Just before Arugone Funeral Homes Inc. issued a 10% share dividend on December 1, the following data were collected: Retained earnings Shares outstanding Market value per share Par value per share Shares issued The amount that total equity will increase (decrease) as a result of recording the share dividend is Multiple Choice с $7,500 $(9,000) $22,500 $(27,000) $650,000 10.000 $10 $4 11,000 $-0-

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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