Loose Leaf for Foundations of Financial Management Format: Loose-leaf
Loose Leaf for Foundations of Financial Management Format: Loose-leaf
17th Edition
ISBN: 9781260464924
Author: BLOCK
Publisher: Mcgraw Hill Publishers
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Chapter 18, Problem 13P
Summary Introduction

To show: The capital section in the balance sheet of Western Pipe Company after the first as well as the second transaction.

Introduction:

Stock Dividend:When a company pays dividend to its shareholders in the form of additional shares, it is termed as stock dividend. This form is generally paid out when the company has less cash reserves.

Cash Dividend: Dividend paid to the shareholders from the earnings of a company in cash, by electronic transfers or by check is termed as cash dividend.

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