A 3-for-1 ordinary share split will increase total equity but reduce the par or stated value per share.
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Q4: Retained earnings represents the amount of cash
Q5: A correction in income of a prior
Q7: Retained earnings that are restricted are unavailable
Q15: A debit balance in the Retained Earnings
Q31: Net income of a corporation should be
Q33: Net losses reduce the balance of Share
Q35: Treasury Shares is a contra equity account.
Q36: Preference shares have contractual preference over ordinary
Q37: Dividends may be declared and paid in
Q38: Preference shareholders generally do not have the
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