FIN & MAN ACCOUNTING (PRINT UPGRADE)
FIN & MAN ACCOUNTING (PRINT UPGRADE)
9th Edition
ISBN: 9781266233463
Author: Wild
Publisher: MCG
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Chapter 11, Problem 10E

a

To determine

Concept Introduction:

Stock dividends are the distribution of additional shares by a corporation to its existing shareholders without payment in return. A stock dividend does not reduce assets and equity but instead transfers a portion of equity from retained earnings to contributed capital.

The entry to record dividends declaration and distribution.

b

To determine

Concept Introduction:

Stock dividends are the distribution of additional shares by a corporation to its existing shareholders without payment in return. A stock dividend does not reduce assets and equity but instead transfers a portion of equity from retained earnings to contributed capital.

The entry to record dividends declaration and distribution

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FIN & MAN ACCOUNTING (PRINT UPGRADE)

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