The Journal Entry to Record the Declaration of a Stock

question 70

Multiple Choice

The journal entry to record the declaration of a stock dividend includes

• A)a credit to Stock Dividends Distributable.
• B)a credit to Stock Dividends Payable.
• C)a credit to Stock Dividends.
• D)a credit to Cash.

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Definitions:

Evolutionary Relationships

The connections between different species or groups of organisms based on their common ancestry and evolutionary history.

Naming

The process or act of giving a name to someone or something.

Taxonomy

The science of classification, especially of organisms, including the description, identification, nomenclature, and classification into taxa.

Evolutionary Relationships

The connections among species or groups of species that share a common ancestor, depicting their lineage branching from evolutionary trees.