Show the effect of a stock dividend on the accounting equation.(Use "+" for increase and "?" for decrease. If there is no effect, leave that cell blank.) Assets=Liabilities+Stockholders' Equity??Paid-in capital in excess of par value-common??Retained Earnings??????

What will be an ideal response?



Assets=Liabilities+Stockholders' Equity
????Paid-in capital in excess of par value-commonRetained Earnings
????+-
A stock dividend is an equity exchange transaction. The company makes a transfer from retained earnings to paid-in capital. Thus, a stock dividend has no overall impact on the accounting equation.

Business

You might also like to view...

On January 15, 2015, the accounts receivable balance was $7,000 and the balance in the allowance for doubtful accounts was $700 . On January 16, 2015, a $200 uncollectible account was written-off. The net realizable value of accounts receivable on January 16 immediately after the write-off is:

a. $6,300 b. $6,800 c. $6,500 d. $7,900

Business

The main advantage of in-transit merge over drop-shipping is the somewhat lower transportation cost and improved customer experience

Indicate whether the statement is true or false.

Business

Benefits of knowledge management include

A) reducing cost and risk. B) improved decision making. C) reduced cost of employee training. D) all of the above.

Business

Items, such as components or assemblies, needed to manufacture a final product are called:

A) quarantined materials. B) work-in-process. C) raw materials. D) finished goods.

Business