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A Corporation Declared and Issued a 15% Stock Dividend on October

Question 156

Multiple Choice

A corporation declared and issued a 15% stock dividend on October 1. The following information was available immediately prior to the dividend: A corporation declared and issued a 15% stock dividend on October 1. The following information was available immediately prior to the dividend: The amount that contributed capital will increase (decrease) as a result of recording this stock dividend is: A) $45,000. B) $135,000. C) $(45,000) . D) $(135,000) . E) $0. The amount that contributed capital will increase (decrease) as a result of recording this stock dividend is:


A) $45,000.
B) $135,000.
C) $(45,000) .
D) $(135,000) .
E) $0.

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