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On October 1, 2016, White Company Declared a Property Dividend

question 110

Multiple Choice

On October 1, 2016, White Company declared a property dividend payable in the form of marketable equity securities classified as "available for sale" for financial accounting purposes. The marketable equity securities will be distributed to the common stockholders on December 1, 2016. The investment in equity securities originally cost White $510,000 on August 1, 2016. The investment's fair value on various dates is as follows: On October 1, 2016, White Company declared a property dividend payable in the form of marketable equity securities classified as  available for sale  for financial accounting purposes. The marketable equity securities will be distributed to the common stockholders on December 1, 2016. The investment in equity securities originally cost White $510,000 on August 1, 2016. The investment's fair value on various dates is as follows:    The amount credited to Gain on Disposal of Investments resulting from this dividend transaction should be A)  $0. B)  $20,000. C)  $25,000. D)  $30,000.
The amount credited to Gain on Disposal of Investments resulting from this dividend transaction should be


Definitions:

Operant Model

A behavioral model focusing on the modification of observable behaviors through reinforcement and punishment.

Immediate Consequences

The direct and instant outcomes or results that follow a specific behavior or action.

Reactive Effects

Changes in behavior that occur as a result of being observed or knowing that one is being studied, often considered in psychological and social research.

Talk-Outs

Interventions or strategies in which individuals vocalize thoughts, feelings, or conflicts as a means to resolve issues or reduce emotional distress.

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