A Corporation Had 20,000 Shares of $10 Par Value Common

question 181

Multiple Choice

A corporation had 20,000 shares of $10 par value common stock outstanding on January 10.Later that day the board of directors declared a 30% stock dividend when the market value of each share was $40.The entry to record this dividend is:

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Definitions:

Human Psyche

The totality of the human mind, including conscious and unconscious mental processes and emotions.

Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology, known for his theories of the collective unconscious, archetypes, and psychological types.

Emotional Intelligence

The capacity to be aware of, control, and express one's emotions, and to handle interpersonal relationships judiciously and empathetically.

Self-Management

Self-Management refers to the ability of an individual to manage their personal actions, emotions, and thoughts in a productive and effective manner.