Which of the Following Account Balance Changes Occur as a Result

question 13

Multiple Choice

Which of the following account balance changes occur as a result of a large stock dividend?
I.increase in common stock
II.decrease in capital in excess of par
III.increase in capital in excess of par
IV.decrease in retained earnings

• A)I and III only
• B)II and IV only
• C)I and IV only
• D)II and III only
• E)I, III, and IV only

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Definitions:

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