5. For each of the following independent transactions a through d, prepare the necessary journal entry (if necessary):

A) Declared and paid a $0.40 per share cash dividend on 200,000 shares of preferred stock outstanding.

B) Declared and distributed a 5% stock dividend on 800,000 shares of $5 par value common stock outstanding. Market price per common share on this date

was $25.

C) Declared and distributed a 2-for-1 stock split on 500,000 shares of $10 par value common stock outstanding. D) Declared and distributed a 40% stock dividend on 400,000 common shares of $5 par value common stock outstanding. Market price per common share on

this date was $20.

Accounts	Debits	Credits
A.
B.
C.
D.