Identify the effect the declaration of a stock dividend has on total share capital, retained earnings, and shareholders' equity. O O Total Share Capital Retained Earnings no effect increase decrease increase increase decrease decrease decrease Shareholders' Equity increase decrease no effect no effect

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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Identify the effect the declaration of a stock dividend has on total share capital, retained earnings, and shareholders' equity.
O
O
O
Total Share Capital Retained Earnings
no effect
increase
decrease
increase
increase
decrease
decrease
decrease
Shareholders' Equity
increase
decrease
no effect
no effect
Transcribed Image Text:Current Attempt in Progress Identify the effect the declaration of a stock dividend has on total share capital, retained earnings, and shareholders' equity. O O O Total Share Capital Retained Earnings no effect increase decrease increase increase decrease decrease decrease Shareholders' Equity increase decrease no effect no effect
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