When a stock dividend is declared and issued: Multiple Choice total stockholders' equity does not change. total paid-in capital does not change. retained earnings is normally decreased by the par value of the shares issued in the dividend. total paid-in capital is decreased by the market value of the shares issued in the dividend.
When a stock dividend is declared and issued: Multiple Choice total stockholders' equity does not change. total paid-in capital does not change. retained earnings is normally decreased by the par value of the shares issued in the dividend. total paid-in capital is decreased by the market value of the shares issued in the dividend.
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 16MCQ
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![When a stock dividend is declared and issued:
Multiple Choice
total stockholders' equity does not change.
total paid-in capital does not change.
retained earnings is normally decreased by the par value of the shares issued in the dividend.
total paid-in capital is decreased by the market value of the shares issued in the dividend.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe24d75fd-7a4b-484e-a696-f2330a730fd9%2F6f927bf7-bd6d-43e9-a26b-6c7ed659c993%2Fu3dnox9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:When a stock dividend is declared and issued:
Multiple Choice
total stockholders' equity does not change.
total paid-in capital does not change.
retained earnings is normally decreased by the par value of the shares issued in the dividend.
total paid-in capital is decreased by the market value of the shares issued in the dividend.
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