Walker Ltd Declared and Distributed a 10% Share Dividend Bonus

question 30

Multiple Choice

Walker Ltd declared and distributed a 10% share dividend bonus issue) when share capital was $500 000.What is the effect on total shareholders' equity?

• A)No effect
• B)$50 000 increase
• C)$50 000 decrease
• D)$100 000 increase

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Definitions:

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