Which One of the Following Events Would Not Require a Journal

question 177

Multiple Choice

Which one of the following events would not require a journal entry on a corporation's books?

• A)2-for-1 stock split.
• B)100% stock dividend.
• C)2% stock dividend.
• D)$1 per share cash dividend.

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Definitions:

Insufficient Evidence

A situation where there is a lack of adequate information or data to support a claim or conclusion.

Blanket Statement

A generalization that is broad and overlooks exceptions or variability.

Fallacy

A mistake in logic that makes an argument incorrect or deceptive.

Accident

The fallacy of applying a generalization to a special case in disregard of qualities or circumstances that make it an exception to the generalization.