A stock dividend results in a decrease in
A) current liabilities.
B) net income.
C) share capital.
D) retained earnings.

Name: A stock dividend results in a decrease in A) current liabilities. B) net income. C) share capital. D) retained earnings.
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Question

Quizplus · Accepted Answer

A stock dividend decreases retained earnings because it is a distribution of additional shares to shareholders, which is accounted for by transferring an amount from retained earnings to share capital.

A Stock Dividend Results in a Decrease in