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How is a property dividend accounted for in the financial

1. This comment appeared in the annual report of Mac Cloud Inc.: "The Company could pay cash or property dividends on the Class A common stock without paying cash or property dividends on the Class B common stock. But if the Company pays any cash or property dividends on the Class B common stock, it would be required to pay at least the same dividend on the Class A common stock." How is a property dividend accounted for in the financial records?

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Accounting Basics: How is a property dividend accounted for in the financial

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