question archive Which one of the following events would not require a formal journal entry on a corporation's books? A) 2 for 1 stock split B) 100% stock dividend C) 2% stock dividend D) $1 per share cash dividend
Which one of the following events would not require a formal journal entry on a corporation's books? A) 2 for 1 stock split B) 100% stock dividend C) 2% stock dividend D) $1 per share cash dividend
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Which one of the following events would not require a formal journal entry on a corporation's books?
A) 2 for 1 stock split B) 100% stock dividend C) 2% stock dividend D) $1 per share cash dividend
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Answer:
A) 2 for 1 stock spilit
Since stock spilit will not change any ledger balance ,no journal entry is required
