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Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381 Exercise 64
Which of the following is (are) not true about a stock dividend
a.otal stockholders' equity does not change when a stock dividend is declared but does change when it is distributed.
b.etween the time a stock dividend is declared and when it is distributed, the company's commitment is presented in the balance sheet as a current liability.
c.tock dividends do not change the relative portion of the company owned by individual stockholders.
d.tock dividends have no impact on the amount of the company's assets.
a.otal stockholders' equity does not change when a stock dividend is declared but does change when it is distributed.
b.etween the time a stock dividend is declared and when it is distributed, the company's commitment is presented in the balance sheet as a current liability.
c.tock dividends do not change the relative portion of the company owned by individual stockholders.
d.tock dividends have no impact on the amount of the company's assets.
Explanation
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Stock dividend
In stock dividend the di...
Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
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