When a stock dividend was declared above par, the excess was ignored and only th

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

When a stock dividend was declared above par, the excess was ignored and only the par value was used. This error would cause:  Continued

C. the period’s end stockholders’ equity to be overstated.

D. None of the above

Feb 25th, 2015

A stock dividend has no impact on the issuing company's assets or liabilities.

ans is D. None of the above

Please best my answer if helpful. Please

Feb 25th, 2015

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Feb 25th, 2015
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