When accounting for small share dividend, which of the following will be use in recording such dividends * Par Value O Fair Value O A or B, whichever is higher O A or B, as a company policy

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 22Q: What information do you need to calculate the weighted average common shares outstanding?
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When accounting for small share dividend,
which of the following will be use in
recording such dividends *
Par Value
O Fair Value
O A or B, whichever is higher
O A or B, as a company policy
Transcribed Image Text:When accounting for small share dividend, which of the following will be use in recording such dividends * Par Value O Fair Value O A or B, whichever is higher O A or B, as a company policy
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