Which of the Following Balance Sheet Accounts Are Affected by a Small

question 17

Multiple Choice

Which of the following balance sheet accounts are affected by a small stock dividend?
I.cash
II.common stock
III.retained earnings
IV.capital in excess of par value

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

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Definitions:

Complements

Products that are usually consumed jointly (for example, bread and butter, hot dogs and hot dog buns). A decrease in the price of one will cause an increase in demand for the other.

Consumption

The use of goods and services by households or individuals, typically relating to how these actions affect economic demand.

Market Demand

The total amount of a product or service that all consumers in a market are willing and able to purchase at various prices.

Individual Demands

The demand for goods and services by an individual consumer, based on their preferences, income, and prices.