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Question 33 (7 points) 33. USE THE FOLLOWING INFORMATION TO ANSWER QUESTIONS 33, 34 AND 35: DePaul Corp. has 1,000 shares of common stock outstanding,
Question 33 (7 points) 33. USE THE FOLLOWING INFORMATION TO ANSWER QUESTIONS 33, 34 AND 35: DePaul Corp. has 1,000 shares of common stock outstanding, par value $10. They declare a 15% stock dividend. The fair market value per share is $15 at that date. What account(s) should be credited to record the dividend as of the declaration date? O A. Additional paid in capital OB. Common stock -- par value OC. Common stock dividend distributable OD. A and B above OE. A and C above. Question 34 (7 points) 34. How much will retained earnings be debited for? OA. $3,400 OB. $1,500 OC. $2,250 OD. $3,000 Question 35 (7 points) 35. Given the same facts as in # 33 above assume they declare a 30% stock dividend. What would the debit to record this entry be? O A. Common stock -- par value for $1,500 OB. Retained earnings $3,000 OC. Retained earnings $1,500 OD. Common stock dividend distributable for $750 Question 36 (5 points) 36. What was the main topic of the article (NOT the footnote examples) I posted in D2L? O A. Stock options OB. Stock reacquisitions OC. Troubled debt restructuring OD. Zero interest bonds E. Non cash transactions
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