1. An owner of 200 shares of Dunston Company common stock receives a stock dividend of four shares. (a) What is the effect of the stock dividend on the stockholder's proportionate interest (equity) in the corporation? (b) How does the total equity of 204 shares compare with the total equity of 200 shares before the stock dividend?
2. a. Where should a declared but unpaid cash dividend be reported on the balance sheet?
b. Where should a declared but unissued stock dividend be reported on the balance sheet?
3. What is the purpose of the statement of stockholders' equity?
4. What is other comprehensive income, and how is it disclosed?