Which One of the Following Events Would Not Require a Journal

question 138

Multiple Choice

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

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

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Definitions:

Frequent Reporting

The practice of regularly submitting business performance reports more often than the standard annual reporting.

Dissolution

The process of legally dissolving a corporation or partnership, resulting in the termination of its business operations.

Safe Payments

Payments that are secure and protected against fraud or theft, often through encryption and authentication measures.

Capital Deficit Balances

Situations where a company's total capital is less than zero, indicating that its liabilities exceed its assets.