What is the effect of share dividends of the same class on the investment account, number o shares, and the carrying value per share? Inuontmont Dlumhor of Corning volue

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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19. What is the effect of share dividends of the same class on the investment account, number of
shares, and the carrying value per share?
Investment
Account
Increase
Number of
Share
Carrying value
per share
a.
Increase
Decrease
b.
Increase
Increase
Increase
Decrease
Increase
C.
No effect
Increase
d.
No effect
Decrease
20. What is the effect of share split up on the investment account, number of shares held, and
the carrying value per share?
Investment
Account
No effect
Number of
Shares
Carrying value
per share
а.
Increase
Decrease
b.
No effect
Increase
Increase
C.
Increase
Increase
Decrease
d.
Increase
Increase
Increase
Transcribed Image Text:19. What is the effect of share dividends of the same class on the investment account, number of shares, and the carrying value per share? Investment Account Increase Number of Share Carrying value per share a. Increase Decrease b. Increase Increase Increase Decrease Increase C. No effect Increase d. No effect Decrease 20. What is the effect of share split up on the investment account, number of shares held, and the carrying value per share? Investment Account No effect Number of Shares Carrying value per share а. Increase Decrease b. No effect Increase Increase C. Increase Increase Decrease d. Increase Increase Increase
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