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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