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2. STATEMENT OF ABC COMPANY SSE (Stockholder Equity) Before: CS (10,000 @12) 120,000 CS Paid In in-excess of Par 0 RE 60,000 Total SH Equity

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2. STATEMENT OF ABC COMPANY SSE (Stockholder Equity) Before: CS (10,000 @12) 120,000 CS Paid In in-excess of Par 0 RE 60,000 Total SH Equity 180,000 Journalize a 11.8% stock Stock dividend of 1180 shares of Common Stock at $12/share par value, market value $15/share. Dr CR After 11.8% Stock Dividend of 1,180 CS, (true/False) The following is the SSE AFTER: CS (11,000 @12) 132,000 CS Paid In in-excess of Par 1,000 RE Total SH Equity Sec 1 December 18 48,000 181,000

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