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Home Q & A Board Other Fields Homework Help Business Accounting
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Tomm Tomm
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6 years ago
When accounting for a stock dividend, Retained Earnings should be debited for:
A) par value times the number of shares to be issued
B) book value times the number of shares to be issued
C) current market value times the number of shares to be issued
D) liquidation value times the number of shares to be issued
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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ACC 925
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AlexmosutheAlexmosuthe
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6 years ago
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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