ADV.FIN.ACCT.LL W/CONNECT+PROCTORIO PLUS
ADV.FIN.ACCT.LL W/CONNECT+PROCTORIO PLUS
12th Edition
ISBN: 9781266380570
Author: Christensen
Publisher: MCG
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Chapter 9, Problem 9.15Q
To determine

Introduction:Subsidiary stock dividendsare payable in shares of the subsidiary’s common stock require slight changes in the consolidation entries. Because stock dividends are issued proportionally to all common stockholders, the relative interests of the controlling and non-controlling stockholders does not change due to stock dividends. The investment’s carrying amount on the parent’s books also is unaffected by a stock dividends. Only change can be seen in subsidiary stockholders equity account. Although total stockholder’s equity does not change.

The effect of subsidiary 15 percent stock dividends on consolidated entries.

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