ACCY 304 EXAM QUESTIONS AND 100% CORRECT ANSWERS
What are the types of dividends? CORRECT ANSWER- property and liquidating What are property dividends? CORRECT ANSWER- dividends payable in assets other than cash How do you restate property dividends? CORRECT ANSWER- at fair value the property it will distribute, recognizing any gain or loss What are liquidating dividends? CORRECT ANSWER- any dividend not based on earnings (reduces corporate PIC, NOT RETAINED EARNINGS
Escuela, estudio y materia
- Institución
- ACCY 304
- Grado
- ACCY 304
Información del documento
- Subido en
- 17 de diciembre de 2023
- Número de páginas
- 23
- Escrito en
- 2023/2024
- Tipo
- Examen
- Contiene
- Preguntas y respuestas
Temas
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accy 304 exam questions and 100 correct answers
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what are the types of dividends
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what are property dividends
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how do you restate property dividends
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what are liquidating dividends