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Which of the following will increase the paid-in capital section of the balance sheet? Stock dividend Cash dividend Property dividend Stock split
Which of the following will increase the paid-in capital section of the balance sheet?
-
- Stock dividend
- Cash dividend
- Property dividend
- Stock split
Expert Solution
Answer:
a .
Step-by-Step explanation
A stock dividend is a dividend where additional no.of shares are given to holders of shares, which leads to rise in the paid in capital in balance sheet and lowers the retained earnings.
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