Which event does not require a journal entry? O All of these events require a journal entry O The declaration date of a cash dividend O The record date of a cash dividend O The payment date of a stock dividend O The payment date of a cash dividend

Which event does not require a journal entry? O All of these events require a journal entry O The declaration date of a cash dividend O The record date of a cash dividend O The payment date of a stock dividend O The payment date of a cash dividend

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter21: Corporations: Taxes, Earnings, Distributions, And The Statement Of Retained Earnings

Section: Chapter Questions

Problem 4MC

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Question

Which event does not require a journal entry? O All of these events require a journal entry

O The declaration date of a cash dividend

O The record date of a cash dividend

O The payment date of a stock dividend

O The payment date of a cash dividend

Definition Definition Method of recording financial transactions in the book of original entry by debiting and crediting the accounts affected by a transaction using the golden rules of accrual accounting.

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