ACCT 202-Which of the following will decrease Retained Earnings

by | Mar 18, 2020 | Uncategorized

  

______Which of the following will decrease Retained Earnings for a corporation? a. declaring a dividend; b. issuing common stock c. closing a net income d. paying a dividend in cash e. purchase of treasury stock

______ When a small stock dividend is declared, the amount debited to Retained Earnings should be the a. par value of the shares b. the book value of the shares c. the earnings per share d. the market value per share

  

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