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QUESTION

ACC 206 Week 1 DQ 2

This archive file of ACC 206 Week 1 DQ 2 shows the solutions to the following problems:

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

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