Carin, Inc. declared a 50% stock dividend on January 15, when there were 10,000 shares of $1 par value stock issued and outstanding, and the market value was $20. The entry to record the distribution of stock will include a debit to the account, in the amount of .

a. Common Stock Dividend Distributable, $5,000
b. Common Stock; $100,000
c. Common Stock Dividend Distributable; $100,000
d. Common Stock; $5,000

Answer: a. Common Stock Dividend Distributable, $5,000

Business

Not all factors of production are internationally mobile

Indicate whether the statement is true or false

View

Business

Has Nick Leeson drawn too much of the blame for what went wrong at Barings Bank? Who else bears some of the responsibility? Why?

What will be an ideal response?

View

Business

Carin, Inc. declared a 50% stock dividend on January 15, when there were 10,000 shares of $1 par value stock issued and outstanding, and the market value was $20. The entry to record the distribution of stock will include a debit to the __________ account, in the amount of __________.