EBK ACCOUNTING PRINCIPLES
EBK ACCOUNTING PRINCIPLES
13th Edition
ISBN: 9781119411017
Author: Weygandt
Publisher: WILEY
Question
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Chapter 14, Problem 5E

(a)

To determine

Stock dividend: When the Company has fewer amounts of cash, it pays dividend to the shareholders in the form of extra shares instead of cash payment. This payment is termed as stock dividend.

To determine: Par value per share before and after stock dividend

(b)

To determine

The balances in the three stockholders’ equity accounts after the stock dividend.

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