A stock dividend is recorded with a transfer from:Multiple ChoiceContributed capital to retained earnings.Retained earnings to contributed capital.Retained earnings to assets.Contributed capital to assets.Assets to contributed capital.

The board of directors of a stock corporation may declare dividends out of the unrestricted retained earnings which shall be payable in cash, property, or in stock to all stockholders on the basis of outstanding stock held by them.Group of answer choicesTrueFalse

A dividend is that part or portion of the profits of a corporation set aside, declared and ordered by the directors to be paid to the stockholders on demand or at a fixed time.Group of answer choicesTrueFalse

When a company pays a dividend the: Group of answer choices Dividend Paid account will increase with a debit. Dividends Paid account will be increased with a credit. Retained Earnings account will be directly increased with a credit. Dividends Paid account will be decreased with a debit.

A dividend may take any one of three forms. These are: Group of answer choices cash, debentures, or debt. cash, liabilities, or revenue. cash, property, or shares. cash, debt or liabilities.

A stock dividend ______. (Check all that apply.)Multiple select question.distributes additional shares of stock to existing stockholders on a pro rata basis.causes retained earnings to decrease.increases a stockholders' percentage ownership in the corporation.causes total stockholders' equity to decrease.