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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
Which of the following statements is true?
A) Neither a stock dividend nor a stock split will result in net gains or losses.
B) A stock split increases the par value per share of the stock.
C) Both a stock dividend and a stock split increase the balance in the common stock account.
D) Both a stock dividend and a stock split reduce retained earnings.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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.unplugged..unplugged.
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Posts: 1272
7 years ago
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H3Ko Author
wrote...
7 years ago
I just realized you had posted this! Thanks so much
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