Multiple Choice
If a corporation declares and distributes a 10% stock dividend on its common shares,the account debited is:
A) Dividends Payable.
B) Common Stock.
C) Share Capital.
D) Retained Earnings.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q57: Which of the following statements is true?<br>A)Stock
Q59: A company has 20,000 shares of Preferred
Q60: Earnings per share (EPS)is the best way
Q61: Accounting rules suggest that companies disclose any
Q63: Match the descriptions with the type
Q64: A company has outstanding 10 million shares
Q65: Under IFRS preferred shares are classified as
Q66: A restriction on retained earnings will:<br>A)decrease assets.<br>B)decrease
Q67: The date of record for a dividend
Q101: A major advantage of debt financing is