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Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
Edition 4ISBN: 978-0078025372Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
Edition 4ISBN: 978-0078025372 Exercise 69
Which of the following statements about stock dividends is true
A) Stock dividends are reported on the income statement.
B) Stock dividends increase total stockholders' equity.
C) Stock dividends decrease total stockholders' equity.
D) None of the above.
A) Stock dividends are reported on the income statement.
B) Stock dividends increase total stockholders' equity.
C) Stock dividends decrease total stockholders' equity.
D) None of the above.
Explanation
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Option (a) is not correct answer because...
Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
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