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9ty9 9ty9
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6 years ago
Before a company can issue a property dividend in shares of another company, it must
ensure that the shares are recorded at market value. The dividend is then paid out of the
companys contributed capital accounts rather than its retained earnings.
[True or False?]
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
Authors:
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JoshJosh
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6 years ago
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9ty9 Author
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