Stock Dividends Flashcards
(1 cards)
1
Q
Small stock dividends ( less than 20%-25%) accounting
A
Based on FMV when declared.
Retained Earnings are are debited by amount of dividend x FMV
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Small stock dividends ( less than 20%-25%) accounting
Based on FMV when declared.
Retained Earnings are are debited by amount of dividend x FMV
