A corporation declared and issued a 15% stock dividend on November 1.The following up-to-date information was available immediately prior to the dividend: The amount that total stockholders' equity will increase (decrease) as a result of recording this stock dividend is:
A)$45,000
B)$135,000
C)$(90,000)
D)$(135,000)
E)$0

Question

A corporation declared and issued a 15% stock dividend on November 1.The following up-to-date information was available immediately prior to the dividend:  The amount that total stockholders' equity will increase (decrease) as a result of recording this stock dividend is:
A)$45,000 
B)$135,000 
C)$(90,000) 
D)$(135,000) 
E)$0

Quizplus · Accepted Answer

The Answer of A corporation declared and issued a 15% stock dividend on November 1.The following up-to-date information was available immediately prior to the dividend:  The amount that total stockholders' equity will increase (decrease) as a result of recording this stock dividend is:
A)$45,000 
B)$135,000 
C)$(90,000) 
D)$(135,000) 
E)$0

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