A Stock Dividend Is Recorded with a Transfer From

question 161

Multiple Choice

A stock dividend is recorded with a transfer from:

• A)Contributed capital to retained earnings.
• B)Retained earnings to contributed capital.
• C)Retained earnings to assets.
• D)Contributed capital to assets.
• E)Assets to contributed capital.

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Definitions:

3Com Corporation

A now-defunct computer network infrastructure company known for its products in data transmission and networking.

Entrepreneurs

People who initiate and manage their own companies, accepting potential monetary losses in pursuit of profits.

Executive Officers

High-level administrators in charge of managing an organization or corporation, typically responsible for strategic planning and operational decisions.

Salaried Managers

Managers who receive a fixed annual income, regardless of the number of hours worked.