Concept Introduction:
Cash dividend:
The Cash dividend is the amount of dividend paid to shareholders in cash. The Cash dividend is declared first and paid later. There are two
Stock Dividend:
The Stock dividend is the number of shares given as dividend to the shareholders. The Stock dividend is declared first and shares are issued later. There are two journal entries made, one at the time of declaration of stock dividend and another at the time of issuance of shares.
To record the declaration of small stock dividends, the
To identify: True or false statements regarding the dividends.

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Chapter 13 Solutions
FUNDAMENTAL ACCT PRIN TEXT+CONNECT CODE
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