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\f4. a stock split that increases the number of shares of stock also: 0 decreases the par value per share of the stock in direct proportion to the stock split. usually creates a credit to a paidin in excess of par account. reduces retained earnings and increases the paidin capital. 000 all of the above are correct 5. when is the revenue recognized? 0 when cash is received 0 when service is provided 0 when contract is made 0 none Eu. baker corporation sold 200 shares of treasury stock for $40 per share. the cost for the shares was $15. the entryr to record the sale will include a 0 credit to gain on sale of treasury stock for $5.000. creditto paid-in capital from treasury stock for $5.000. debit to paidin capital in excess of par value for $3.000. 000 credit to treasury stock for $8,000. I". if a stockholder receives a dividend that reduces retained earnings by the fair market value of the stock. the stockholder has received a large stock dividend contingent dividend small stock dividend 000C! cash d ivid end 8. the adjusting entry for unearned revenue will be CI debit to service revenue 8; credit to unearned revenue 0 credit to service revenue 3: debit to unearned revenue 0 debit to cash 8.; credit to service revenue 0 debit to cash 8.; credit to unearned seniice revenue 9. in its first month ofoperationt kuhlman company purchased 330 units of inventor}.r for $72 then 4m units for $8. and nally.' 41 {1 units for $9. at the end of the mo nth. 450 units remained. compute the amount of phantom prot that would result 'rFthe companyr used fo rather than l'rFo. O?8 it]. in case of ination. which inventory valuation method shall be followed bythe company if it wants to reduce its tax Iia bility? O lifo O fifo O specific identification O weighted average