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:

Dot Coms

Companies that operate primarily on the internet; the term became widely used during the internet boom of the late 1990s.

High-Tech Companies

Businesses involved in industries that rely heavily on advanced technological developments, often in fields like information technology, biotechnology, and engineering.

Investors

Individuals or entities who allocate capital with the expectation of receiving financial returns.