Question

The entry to record the distribution of the stock dividend would include..

A. a credit to common stock.
B. a debit to common stock distributable (wrong answer)
C. both a and b
D. none of the above

Answer 1

The entry to record the distribution of the stock dividend would include both a credit to common stock, and a debit to common stock distributable.

C. both a & b

Answer 2

I think the answer is C.