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Question 5 of 19 S1: The entry to record the distribution of a stock dividend includes a debit to Retained Earnings. 2 S2: Cash dividends decrease total stockholder's equity but stock dividends have a net zero effect on total stockholder's equity. Select the correct response: O Si is True; S2 is False O s1 & S2 are True O s1 is False; S2 is True O s1 & S2 are False < Previous

Question 5 of 19 S1: The entry to record the distribution of a stock dividend includes a debit to Retained Earnings. 2 S2: Cash dividends decrease total stockholder's equity but stock dividends have a net zero effect on total stockholder's equity. Select the correct response: O Si is True; S2 is False O s1 & S2 are True O s1 is False; S2 is True O s1 & S2 are False < Previous

FINANCIAL ACCOUNTING
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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Question 5 of 19 S1: The entry to record the distribution of a stock dividend includes a debit to Retained Earnings. S2: Cash dividends decrease total stockholder's equity but stock dividends have a net zero effect on total stockholder's equity. Select the correct response: S1 is True; S2 is False S1 & S2 are True S1 is False; S2 is True S1 & S2 are False ( Previous
Transcribed Image Text:Question 5 of 19 S1: The entry to record the distribution of a stock dividend includes a debit to Retained Earnings. S2: Cash dividends decrease total stockholder's equity but stock dividends have a net zero effect on total stockholder's equity. Select the correct response: S1 is True; S2 is False S1 & S2 are True S1 is False; S2 is True S1 & S2 are False ( Previous
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