When stock dividends are distributed,
A)Common Stock Dividends Distributable is decreased.
B)Retained earnings is decreased.
C)Paid-in Capital in Excess of Par Value is debited if it is a small stock dividend.
D)No entry is necessary if it is a large stock dividend.

Question

Quizplus · Accepted Answer

The Answer of When stock dividends are distributed,
A)Common Stock Dividends Distributable is decreased.
B)Retained earnings is decreased.
C)Paid-in Capital in Excess of Par Value is debited if it is a small stock dividend.
D)No entry is necessary if it is a large stock dividend.

When Stock Dividends Are Distributed