The Entry to Record the Declaration and Distribution of a Stock

question 26

Multiple Choice

The entry to record the declaration and distribution of a stock dividend includes a:

• A)credit to Common Stock and a debit to Retained Earnings.
• B)debit to Stock Dividends Payable and a credit to Stock Dividends.
• C)debit to Stock Dividends Payable and a credit to Retained Earnings.
• D)debit to Retained Earnings and a credit to Stock Dividends Payable.

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Definitions:

Format Text

Adjusting the appearance of written text in a document, including font size, style, color, and alignment.

Combo Box Content Control

A control element in user interfaces that combines a dropdown list with an editable text box, allowing users both to select a predefined option or enter custom input.

Drop-Down List

A graphical control element that allows the user to choose one value from a list of values by clicking on it, often used in forms and spreadsheets.

Option Button

A graphical user interface element that allows the user to make a single choice among a group of options; also known as a radio button.