Use This Information to Answer the Following Question

question 196

Multiple Choice

Use this information to answer the following question. Pinnacle Corporation has 90,000 shares of $10 par value common stock outstanding.The following transactions occurred during the year:
Mar. 17 Declared a 10 percent stock dividend to stockholders of record on March 20. Market value of the stock was $22 on March 17.
Mar. 30 Distributed the stock dividend.
-The entry to record the transaction of March 30 is:

• A)Common Stock Distributable 90,000 Common Stock 90,000
• B)Common Stock Distributable 90,000 Retained Earnings 108,000
• Common Stock 198,000
• C)Common Stock Distributable 198,000 Common Stock 90,000
• Additional Paid-in Capital 108,000
• D)Common Stock Distributable 90,000 Cash 90,000

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Definitions:

Selected Situation

A specific scenario or setting chosen for particular analysis, observation, or intervention.

Post-Operative

Referring to the period after surgical procedures, focusing on patient recovery, wound healing, and monitoring for any complications.

Nursing Order

Instructions for the care of a patient, authorized by a healthcare professional, that direct the specific interventions to be implemented by nursing staff.

Plan of Care

A detailed approach designed by healthcare professionals to meet the specific needs of a patient, including treatment goals and strategies to achieve them.