A Corporation Declared and Issued a 15% Stock Dividend on October

question 173

Multiple Choice

A corporation declared and issued a 15% stock dividend on October 1.The following information was available immediately prior to the dividend: The amount that paid-in capital will increase (decrease) as a result of recording this stock dividend is:

• A)$45,000.
• B)$135,000.
• C)$(45,000).
• D)$(135,000).
• E)$0.

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Definitions:

Cerebrum

The largest part of the brain, responsible for higher brain functions such as thought, action, and sensory processing.

Genetic Link

A connection between certain genes and specific traits or diseases.

Cones

Photoreceptor cells in the retina of the eye that function best in relatively bright light and enable the perception of color.

Visual Acuity

The clarity or sharpness of vision, often measured as the ability to discern letters or numbers at a given distance.