When share dividends are distributed,
A) Ordinary Share Dividends Distributable is decreased.
B) Retained Earnings is decreased.
C) Share Premium-Ordinary is debited if it is a small share dividend.
D) no entry is necessary if it is a large share dividend.
Correct Answer:
Verified
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A) Share
Q172: Lopez, Inc. has 2,500 shares of 4%,
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Q178: On the dividend record date,
A) a dividend
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