Examlex
Which of the following statements is FALSE?
Cash
denotes money in the form of currency, including banknotes and coins, which is used to conduct transactions.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting liabilities, representing the ownership interest of shareholders in the company.
Cash Dividend
A payment made by a company out of its earnings to shareholders, usually in the form of cash.
Stock Dividend
Stock that is distributed to stockholders instead of cash or other assets.
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