Receiving a Stock Dividend from an Available-For-Sale Investment Requires the Following

question 44

Multiple Choice

Receiving a stock dividend from an available-for-sale investment requires the following journal entry:

• A) a debit to Cash and a credit to Dividend Revenue.
• B) a debit to Cash and a credit to Unrealized Gain on Investments.
• C) a debit to Unrealized Gain on Investment and a credit to Dividend Revenue.
• D) no journal entry. Investor makes a memorandum entry in the accounting records.

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Definitions:

Neurologic Examination

A comprehensive assessment of the nervous system, including the brain, spinal cord, and nerves, to diagnose neurological conditions.

Flashbulb Memories

Vivid and detailed memories of a significant or shocking event, retained with great clarity and often felt with a strong emotional charge.

Nondeclarative Memories

A type of long-term memory that enables people to perform tasks without conscious awareness of these previous experiences, often referred to as implicit memory.

Episodic Memories

Memories of specific events or episodes, including the context in which they occurred, such as the time and place.