Answer:
Total assets and Total equity will be this year's understated.
Answer:
Understanding a country's culture is a sign of respect. It also helps to foster effective communication, a vital factor in business success. ... Values and attributes such as frugality, trust and endurance may be viewed differently in other countries.
Answer:
B) did not change.
Explanation:
Stock dividend is the payment of dividend to stockholder in the form of stock/shares of the company. Stock are issued at the market price and the value of the dividend is transferred from the retained earning to the add-in-capital accounts.
Dividend Value = 200,000 x 10% x 25 = $500,000
Par Value of Stocks = $1 x 20,000 = $20,000
Add-in-capital excess of par common stock = ($25-$1) x 20,000 = $480,000
Following entry will be recorded
Dr. Retained earning $500,000
Cr. Common Stock $20,000
Cr. Add-in-capital excess of par common stock $480,000
As all of the accounts are equity accounts and decrease in one equity account and increase in another equity account will not change the total stockholders equity value.
