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:

Customer Complaint

An expression of dissatisfaction from a customer regarding a product or service.

Grant

A financial award given by an organization or government to an individual or organization for a specific purpose.

Benefit

An advantage or positive outcome gained from a product, service, or action.

Goodwill Ending

A concept reflecting the positive impressions and relationships a business or individual leaves behind, enhancing future engagements or reputations.