Title: Record the calculation for dividend distribution.
Course: Accounting, Advanced (12104-II) > Section: Implementing Accounting for a Corporation

Recording should include

- a calculation of dividend
- a cash or stock dividend declaration
- a cash or stock dividend distribution
- S corporation distributions
- stock splits
- cumulative and noncumulative preferred stock dividends.

Task performance should also include examining the effects of stock splits and stock dividends on paid-in capital, retained earnings, par value, par value per share, and shares outstanding.