Hutter Corporation Declared a $0

question 188

Multiple Choice

Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 20,000 shares authorized, 9,000 shares issued, and 8,000 shares of common stock outstanding. The journal entry to record the dividend payment is:

• A) Debit Common Dividends Payable $4,000; credit Cash $4,000.
• B) Debit Common Dividends Payable $4,500; credit Cash $4,500.
• C) Debit Retained Earnings $4,000; credit Common Dividends Payable $4,000.
• D) Debit Retained Earnings $4,500; credit Common Dividends Payable $4,500.
• E) Debit Retained Earnings $10,000; credit Common Dividends Payable $10,000.

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Definitions:

Non-Verbal Communication

The process of transferring information through behaviors and cues rather than words, such as body language, gestures, and facial expressions.

Hedges

Linguistic terms or phrases used to soften statements, making them less direct or certain, often to express politeness or uncertainty.

Non-Verbal Behaviour

Non-verbal behavior includes all forms of communication that do not involve the spoken word, such as body language, gestures, facial expressions, and eye contact.

Auditory Cues

Signals perceived via hearing that help individuals understand the environment or communication context.