To record a 10% stock dividend,accountants use ________.To record a 40% stock dividend,accountants use ________.

Name: To record a 10% stock dividend,accountants use ________.To record a 40% stock dividend,accountants use ________.
Brand: Quizplus
Rating: 4.9 (54 reviews)

Question

Quizplus · Accepted Answer

For a small stock dividend (less than 20-25%), like a 10% stock dividend, accountants use the market price per share to record the transaction. For a large stock dividend (more than 20-25%), like a 40% stock dividend, accountants use the par value per share.

To Record a 10% Stock Dividend,accountants Use ________