Explain how a stock split effected

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Problem - Stock Dividends and Splits - Stock splits and stock dividends may be used by a corporation to change the number of shares of its stock outstanding.

Required -

Explain what is meant by a stock split effected in the form of a dividend.

From an accounting viewpoint, explain how a stock split effected in the form of a dividend differs from an ordinary stock dividend.

How should a stock dividend that has been declared but not yet issued be classified in a statement of financial position? Why?

Reference no: EM132889919

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