The parent company records the receipt of shares from a subsidiary's stock dividend as:

Name: The parent company records the receipt of shares from a subsidiary's stock dividend as:
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Question

Quizplus · Accepted Answer

The receipt of shares from a subsidiary's stock dividend does not affect the parent company's investment account or income. It is a non-cash transaction that typically results in a reallocation within the equity section of the subsidiary's balance sheet, with no direct impact on the parent company's financial statements.

The Parent Company Records the Receipt of Shares from a Subsidiary's