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Posted: March 16th, 2024

The declaration and issuance of a stock dividend on shares of common stock:

The declaration and issuance of a stock dividend on shares of common stock:1) has no effect on assets, liabilities, or total shareholders’ equity2)Decreases total shareholders’ equity and increases common stock3) Decreases assets and decreases total shareholders’ equity4)does not change retained earnings or paid-in capitalwhich one is correct and WHY

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