Bryan & Bales Has Just Declared a 15% Stock Dividend

question 143

Multiple Choice

Bryan & Bales has just declared a 15% stock dividend. The current price of the stock is above the par value. All other things being equal, which of the following account balances will be affected by the stock dividend?

• A)Common Stock
• B)Paid in Excess
• C)Retained Earnings
• D)All of these account balances will be affected
• E)None of these account balances will be affected.

Understand the differences and similarities between various forms of sexual abuses and harassment.

Describe the impact of sexual abuse and harassment on victims' mental health and behaviors.

Recognize the importance of consent and communication in preventing sexual abuses.

Understand the role of power dynamics in incidents of sexual abuse and harassment.

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Definitions:

Adjusting Entries

Accounting records finalized at the close of an accounting period to properly assign income and expenses to the period they truly belong to.

Annual Accounting Period

A 12-month time span used by businesses for financial reporting and accounting purposes.

Chart of Accounts

A systematic listing of all ledger account names and numbers used by a company, organized by the assets, liabilities, equity, revenue, and expenses.

Closing Entry

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts and prepare the company's books for the next period.