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Home Q & A Board Other Fields Homework Help Business Accounting
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Fast2F Fast2F
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7 years ago
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.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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7 years ago
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Fast2F Author
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#2
7 years ago
Correcttttt
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