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Other Fields Homework Help Accounting Topic started by: Fast2F on Jun 6, 2017



Title: The declaration of a stock dividend was credited to Dividends Payable and debited to Retained ...
Post by: Fast2F on Jun 6, 2017
The declaration of a stock dividend was credited to Dividends Payable and debited to Retained Earnings. This error would cause:
A) the period end assets to be overstated.
B) the period end stockholders' equity to be overstated.
C) the period end liabilities to be overstated.
D) the period's net income to be overstated.


Title: Re: The declaration of a stock dividend was credited to Dividends Payable and debited to Retained ...
Post by: Ompa on Jun 6, 2017
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Title: Re: The declaration of a stock dividend was credited to Dividends Payable and debited to Retained ...
Post by: Fast2F on Jul 18, 2017
Correcttttt