Multiple Choice
The declaration and issuance of a stock dividend on shares of common stock:
A) Has no effect on assets, liabilities, or total shareholders' equity.
B) Decreases total shareholders' equity and increases common stock.
C) Decreases assets and decreases total shareholders' equity.
D) Does not change retained earnings or paid-in capital.
Correct Answer:
Verified
Correct Answer:
Verified
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