When a 5% Stock Dividend Is Declared,which Account Is Debited

question 85

Multiple Choice

When a 5% stock dividend is declared,which account is debited?

• A) Common Stock-Par Value
• B) Common Stock Dividend Distributable
• C) Stock Dividends
• D) Paid-In Capital in Excess of Par-Common

---

Definitions:

Concrete Operational

A stage in cognitive development, according to Piaget, where children aged about 7-12 years develop logical thinking but are still not capable of abstract thinking.

Motor Development

The process through which humans progress through a predictable set of movements and physical abilities throughout their lifespan.

Maturation

The process of development in which an individual reaches physical, cognitive, and emotional maturity.

Authoritarian Parenting

A parenting style characterized by high demands and low responsiveness, where parents impose rules and expect obedience without explanation.