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
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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
O
C
$7,500
$(9,000)
$22,500
$(27,000)
$650,000
10,000
$10
$4
11,000
$-0-
Transcribed Image Text: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 O C $7,500 $(9,000) $22,500 $(27,000) $650,000 10,000 $10 $4 11,000 $-0-
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