Required: 1. For comparative purposes, prepare the shareholders' equity section of the balance...
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Accounting
Required: 1. For comparative purposes, prepare the shareholders' equity section of the balance sheet (a) immediately before the stock divider and (b) immediately after the stock dividend. (Amounts to be deducted should be indicated with a minus sign.) 2. Which of the following statement(s) are true consequent upon the declaration of stock dividend? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) ? Total llabilities will not change. ? Total shareholders' equity will change. ? Retained earnings will be reduced by the amount of dividend. P Common stock and Additional paid-In capital will not change
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