s2 A stock dividend A will not change total stockholders' equity B. will increase retained earnings D. is accounted for like a tick split. E. will not change retained earnings 33. Which of the following is mot true about a 2-5or-1 stock split? A. Total stockholders' equity stays the same. B. Par value per share is reduced to half of what it was before the splis C. A stckholder with 100 shares before the split owns 200 shares after the split. D. The market price probably will decrease. E. Total contributed capital increases A corporation has 40,000 shares of S5 par value common stock outstanding. On October 17, the company declares a 10% stock dividend. The the stock dividend includes a: A. credit to Retained Earnings for $56,000. B. credit to Common Stock for $20,000. C. credit to Common Stock for $56,000. D. debit to Retained Earnings for $20,000. 35. A corporation had 50,000 shares of $20 par value common stock outstanding. The board of directors declared and issued a 50% stock dividend. The market value of the stock was S27 per share. The oumal entry to record this stock dividend includes a: A. debit to Retained Earnings of $675,000. B. credit to Common Stock of $675,000. C. debit to Retained Earnings of $500,000. D. credit Additional Paid-in Capital for $175,000. 36. On January 1, 2016 Jasper Company had Retained Earnings of $1,720,000. the following transactions: During the year, Jasper had Declared a 15% stock dividend of$365,000 Declared a cash dividend of $120,000 Declared 60% stock dividend of $ 1 86,000 - Announced a 2-for-1 stock split: 25,000 shares were issued when the value of the stock was $12 per share Earned net income of $820,000 - What is Jasper's ending Retained Earnings balance? A. $1,869,000 B. $2,420,000 C. $2,055,000 D. $1,569,000 E. $1,619,000