The journal entry to record a large stock dividend includes a:

A. credit to Cash.
B. debit to Common Stock.
C. debit to Retained Earnings.
D. credit to Additional Paid-in Capital.


Answer: C

Business

You might also like to view...

“Converting plans to action by establishing schedules and standards” is which of the following management functions?

a. Guidance b. Managing materials c. Supervision d. Monitoring

Business

The principal value of debt is:?

A. ?the amount added to interest payments to be repaid at the maturity date. B. ?the amount owed to the lender. C. ?the sum of all interest payments during the life of the debt. D. ?the amount of adjustment in the maturity value of the debt due to interest rate fluctuations. E. ?the sum of interest and inflation adjusted par value of debt.

Business

Jeffrey O'Donnell works for a producer of dairy products and knows all about these products. He is responsible for only two very large chain customers. Other sales reps, like Jeffrey, call on other large chains for this producer. They regularly call on the central offices of these big retail chains and encourage them to buy the company's full line. Jeffrey is a

A. manufacturers' agent. B. missionary salesperson. C. retail order taker. D. technical specialist. E. member of his company's major accounts sales force.

Business

When Rick purchased tickets to a concert on the Internet, it was an example of:

A. single-sourcing distribution B. one-way channelization C. electronic distribution D. mass customization E. aggregated marketing

Business