Net income of a corporation should be closed to retained earnings 1. A 10% stock dividend will increase the number of shares outstanding but the book value per share will decrease. 2. A 3-for-1 common stock split will increase total stockholders’ equity but reduce the par or stated value per share of common stock. 3. Retained earnings represents the amount of cash available for dividends. 4. Net income of a corporation should be closed to retained earnings and net losses should be closed to paid-in capital accounts. 5. A debit balance in the Retained Earnings account is identified as a deficit. Business Assignment Help, Business Homework help, Business Study Help, Business Course Help
We employ a number of measures to ensure top quality essays. The papers go through a system of quality control prior to delivery. We run plagiarism checks on each paper to ensure that they will be 100% plagiarism-free. So, only clean copies hit customers’ emails. We also never resell the papers completed by our writers. So, once it is checked using a plagiarism checker, the paper will be unique.
FALL 2018 HOMEWORK HELP| ASSIGNMENT HELP,…