Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
majestico majestico
wrote...
Go to Answer
Posts: 1455
Rep: 6 0
7 years ago
When a 10% stock dividend was declared, only the par value was recorded and the excess over par value was ignored. This error would cause:
A) the period end liabilities to be overstated.
B) the period end assets to be overstated.
C) the period end stockholders' equity to be overstated.
D) None of these is correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
Read 75 times
2 Replies
Replies
Answer verified by a subject expert
keytwokeytwo
wrote...
#1
Top Poster
Posts: 710
Rep: 12 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

majestico Author
wrote...
#2
7 years ago
Thanks for attempting to answer. You were correct in your response!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1231 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4491
  
 1472
  
 277
Your Opinion
Do you believe in global warming?
Votes: 488
Previous poll results: Which country would you like to visit for its food?