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Hello Goodmorning, can i have some help to answer this with explanation po for further understanding thank you Multiple Choice 1. On Jan. 6, 2020,

Hello Goodmorning, can i have some help to answer this with explanation po for further understanding thank you

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Multiple Choice 1. On Jan. 6, 2020, De Chavez Corp. issues a share dividend to investors of record on Feb. 3, 2020. When determining how to account for this share dividend, which of the following factors is the most important factor to De Chavez Corp.? a. the par value of the shares b. the market value of the shares c. the number of shares authorized d. the size of the share dividend Use the following facts to answer questions 2-3: The Caroro Corporation has 200,000 shares of P10 par value ordinary shares out- standing on Dec. 31, 2019. On Jan. 2, 2020, they declare a share dividend of 10,000 shares when the fair market value is P18. On the date of record, Feb. 3, 2020, the share price is P15. The shares are issued on March 1, 2020, when the market value of the shares is P25. 2. When Caroro Corporation records the journal entry for the share dividend, retained earnings will be debited for the number of new shares multiplied by which of the following amounts? a. par value of the shares b. market value of the shares on Jan. 2, 2020 c. market value of the shares on Feb. 3, 2020 d. market value of the shares on March 1, 2020 3. When recording the journal entry to distribute the share dividend, Caroro Corporation will credit share premium for a. P80,000 b. P100,000 C. P50,000 d. P150,000 Use the following facts to answer questions 4-6 On June 25, 2020, Rosada Corp. issues a 30% share dividend on its 200,000 shares of P10 par value ordinary shares. The shares will be issued on July 8, 2020. The market price of Rosada Corp. stock is P15 per share on June 25, and on the date the shares are distributed, the stock is selling for P12 per share

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