C. Paid In Capital from Sale of Treasury Stock d. Organization Costs 4. The reduction of par value of stock by issuing a proportionate number of additional shares is called a. a stock split. b. a stock dividend. C. organization costs. d. treasury stock. 5. The liability for a dividend is recorded on which of the following dates? a. The date of record b. The date of payment C. The date of distribution d. The date of declaration 6. Cash and stock dividends are distributions from which account? a Retained Earnings b. Paid-In Capital in Excess of Par C. Cash d. Common Stock 7. Which of the following accounts is NOT closed to Retained Earnings at the end of the accounting period? a. Stock Dividends b. Common Stock C. Cash Dividends d. Fees Earned