Multiple Choice
What is the effect of declaring a stock dividend on the liabilities and stockholders' equity section of the balance sheet?
A) A decrease in total liabilities and an increase in total stockholders' equity
B) No effect on total liabilities and total stockholders' equity
C) An increase in total liabilities and a decrease in total stockholders' equity
D) No effect on total liabilities and a decrease in total stockholders' equity
Correct Answer:
Verified
Correct Answer:
Verified
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