30. How is Bond Interest PAID calculated? Is the Bond Interest Paid different if the bonds were issued at a discount or premium? How is Bond Interest PAID calculated? Is the Bond Interest Paid different if the bonds were issued at a discount or premium? entries would be made if the stock has a stated value of $2 per share? 32. What is the effect of the declaration of a cash dividend by the board of directors on Stockholder's equity and liabilities? 33. What are the journal entries to declare and pay a stock dividend, and what is the effect on stockholder's equity