The account to be debited when a share dividend is declared and distributed on the same date would be:
A) Retained earnings.
B) Cash.
C) Dividends.
D) Ordinary share capital.
Correct Answer:
Verified
Q9: A share split is fundamentally the same
Q10: Which of the following is NOT true
Q11: Which of the following will happen to
Q12: Which of the following is a reason
Q13: Which of the following statements is TRUE?
A)Neither
Q15: Share dividends are declared by the:
A)board of
Q16: A share split is an increase in
Q17: Share dividends are distributed to shareholders in
Q18: The declaration of a share dividend creates
Q19: Share dividends have no effect on assets
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