When the board of directors declares a cash or stock dividend, this action decreases retained earnings.
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Q21: Before a stock dividend can be declared
Q22: If the dividend amount of preferred stock,
Q23: The declaration of a stock dividend decreases
Q24: The declaration of a cash dividend decreases
Q25: When common stock is issued in exchange
Q27: If 20,000 shares are authorized, 15,000 shares
Q28: The declaration and issuance of a stock
Q29: When no-par stock is issued, Common Stock
Q30: A large retained earnings account means that
Q31: When a corporation issues stock at a
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