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:

Patentable Technologies

Innovations or inventions that meet specific criteria for novelty, non-obviousness, and utility, thus eligible for patent protection.

Market Extension Merger

A merger between companies in different markets that sell similar products or services, aiming to expand their market reach.

Grocery Chain

A series of retail grocery stores, often owned and operated by a single company, providing a range of food and household products.

Vertical Merger

A merger between two companies that operate at different levels within the industry's supply chain.