Which of the following statements about stock dividends is true? Multiple Choice O Stock dividends are reported on the statement of shareholders' equity. Stock dividends increase total shareholders' equity. Stock dividends decrease total shareholders' equity. Stock dividends are reported on the Income Statement

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 14MC: Which of the following is true of a stock dividend? A. It is a liability. B. The decision to issue a...
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Which of the following statements about stock dividends is true?
Multiple Choice
O
Stock dividends are reported on the statement of shareholders' equity.
Stock dividends increase total shareholders' equity.
Stock dividends decrease total shareholders' equity.
Stock dividends are reported on the Income Statement.
Transcribed Image Text:Which of the following statements about stock dividends is true? Multiple Choice O Stock dividends are reported on the statement of shareholders' equity. Stock dividends increase total shareholders' equity. Stock dividends decrease total shareholders' equity. Stock dividends are reported on the Income Statement.
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