Identify various types of Dividends. Differentiate between cash dividends and stock dividends. (400 word)

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(1) What is a dividend and what is the difference between cash dividends and stock dividends?...

(1) What is a dividend and what is the difference between cash dividends and stock dividends? What does it mean when shares of stock are outstanding? (2) Please explain what is meant by the terms “Date of Declaration,” “Date of Record,” and “Date of Payment” when referring to cash dividends. (3) What type of account is the “Cash Dividends” account? (4) On March 15, the board of directors of Beer Incorporated declared a $0.20 per-share dividend on its common stock...

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