Company Z has 2.25 millon shares of common stock authorized with a par value of $1 and a market price of $55. There are 1.125 million outstanding shares and 0.28125 million shares held in treasury stock Required: a. Prepare the journal entry if the company declares and distributes a 10% stock dividend. b. Show the effect of the 10% stock dividend on assets, labilities, and stockholders' equity c. Prepare the journal entry if the company declares and distributes a 100% stock dividend d. Show the effect of the 100% stock dividend on assets, Habilities, and stockholders' equity Complete this question by entering your answers in the table below. Required A Required B Required Required D Prepare the journal entry if the company declares and distributes a 10% stock dividend. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars and not in millions) View transaction list Journal entry worksheet Required A Required B Required Required D Prepare the journal entry if the company declares and distributes a 10% stock dividend. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars and not in millions.) View transaction list Journal entry worksheet А Record the declaration and distribution of the 10% stock dividend. Note: Enter debits before credits General Journal Debit Credit Transaction 1 Complete this question by entering your answers in the table below. Required A Required B Required c Required D Show the effect of the 10% stock dividend on assets, liabilities, and stockholders' equity. (Enter all amounts as positive values. Enter yo not in millions.) Assets Stockholders' Equity Liabilities < Required A Required C> Required A Required B Required C Required D Prepare the journal entry if the company declares and distributes a 100% stock dividend. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars and not in millions.) View transaction list Journal entry worksheet < A Record the declaration and distribution of the 100% stock dividend. Note: Enter debit before credits General Journal Debit Credit Transaction 1 3. Prepare the journal entry if the company declares and distributes a 10% stock dividend b. Show the effect of the 10% stock dividend on assets, liabilities, and stockholders' equity. c. Prepare the journal entry if the company declares and distributes a 100% stock dividend d. Show the effect of the 100% stock dividend on assets, Habilities, and stockholders' equity Complete this question by entering your answers in the table below. Required a Required B Required cRequired D Show the effect of the 100% stock dividend on assets, liabilities, and stockholders' equity. (Enter all amounts as positive values. Enter millions) Assets Liabilities Stockholders' Equity < Required C
