Solved

The Accounting Treatment for a Stock Split Is Different from a Stock

Question 96

True/False

The accounting treatment for a stock split is different from a stock dividend in that there is no transfer of funds from retained earnings to the capital accounts, but merely a reduction in par value and a proportionate increase in the number of outstanding shares.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions