A Corporation Declared and Issued a 15% Stock Dividend on November

question 165

Multiple Choice

A corporation declared and issued a 15% stock dividend on November 1.The following information was available immediately prior to the dividend:
The amount that contributed capital will increase (decrease) as a result of recording this stock dividend is:

• A)$45,000.
• B)$135,000.
• C)$(45,000).
• D)$(135,000).
• E)$0.

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Definitions:

Tito

Josip Broz Tito, a Yugoslav communist revolutionary and political leader who served as Prime Minister (1944–1963) and later President (1953–1980) of the Socialist Federal Republic of Yugoslavia.

D-Day Landings

The Allied invasion of Normandy, France, on June 6, 1944, which was a pivotal moment in World War II leading to the liberation of Western Europe from Nazi control.

Normandy

A region in northwestern France, known for its historical significance, including the D-Day landings during World War II.

Vichy Government

The Vichy Government refers to the regime led by Marshal Philippe Pétain during World War II, which collaborated with Nazi Germany following France's defeat in 1940.