ACCOUNTING PRINCIPLES-W/WILEYPLUS
14th Edition
ISBN: 9781119707158
Author: Weygandt
Publisher: WILEY
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Chapter 14, Problem 5E
(a)
To determine
Stock dividend: When the Company has fewer amounts of cash, it pays dividend to the shareholders in the form of extra shares instead of cash payment. This payment is termed as stock dividend.
To determine: Par value per share before and after stock dividend
(b)
To determine
The balances in the three stockholders’ equity accounts after the stock dividend.
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