The Account to Be Debited When a Stock Dividend Is

question 38

Multiple Choice

The account to be debited when a stock dividend is declared and distributed on the same date would be:

• A) Common stock.
• B) Retained earnings.
• C) Dividends.
• D) Paid-in capital in excess of par.

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Definitions:

Slope

In mathematics, the steepness or incline of a line on a graph, representing the rate of change of variables.

Isocost

Represents lines on a graph showing combinations of inputs that cost the same amount.

Capital

Capital refers to financial assets or the financial value of assets, such as cash and buildings, used by a business to produce goods and services.

Slope

The rate at which a line inclines or declines, representing the ratio of the vertical change to the horizontal change between two points on the line.