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The declaration and issuance of a stock dividend on shares of common stock:

The declaration and issuance of a stock dividend on shares of common stock:


1) has no effect on assets, liabilities, or total shareholders' equity

2)Decreases total shareholders' equity and increases common stock

3) Decreases assets and decreases total shareholders' equity

4)does not change retained earnings or paid-in capital


which one is correct and WHY

Top Answer

1) has no effect on assets, liabilities, or total shareholders' equity Reason: Stock dividend is payment... View the full answer

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Other Answers

1) has no effect on assets,... View the full answer

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