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November 28, 2021

Retained Earnings and the Income Effects on Retained Earnings and the Income Statement 1. Discuss cash dividends and stock di

Business & Finance /Accounting

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ACC 206 Week 1 Discussion Question

Retained Earnings and the Income

Effects on Retained Earnings and the Income Statement

1. Discuss cash dividends and stock dividends.

2. How is each recorded?

3. When each is issued, what is the affect on assets, liabilities and owner’s equity?

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