19 and 20i need answers and urgent thankss 19. What is the effect of share dividends of the same class on the investment account, number ofshares, and the carrying value per share?InvestmentAccountIncreaseNumber ofShareCarrying valueper sharea.IncreaseDecreaseb.IncreaseIncreaseIncreaseDecreaseIncreaseC.No effectIncreased.No effectDecrease20. What is the effect of share split up on the investment account, number of shares held, andthe carrying value per share?InvestmentAccountNo effectNumber ofSharesCarrying valueper shareа.IncreaseDecreaseb.No effectIncreaseIncreaseC.IncreaseIncreaseDecreased.IncreaseIncreaseIncrease

19. The correct option is b. When a share dividend is paid, it is credited to the investment…

Answered: What is the effect of share dividends…

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

Section: Chapter Questions

Problem 1Q

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Question

19 and 20

i need answers and urgent

thankss

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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