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.

Question

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.

Quizplus · Accepted Answer

The Answer of 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.

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