Which One of the Following Events Would Not Require a Journal

question 11

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:

Output

The amount of goods or services produced by a company, industry, or economic system.

Industry

A group of companies or businesses that produce similar goods or services and compete within the same market.

Correction

A term often used in finance and economics, indicating a short-term decline in the price of assets or the broader market to adjust for overvaluation.

Emissions Abatement

The process of reducing emissions of pollutants into the environment, typically achieved through policies, technologies, or practices that decrease the emission of harmful gases.