Access-BR29 O1 FAT Online Show Me How Calculator Entries for Stock Dividends Senior Life Co. is an HMO for business Co.: Common stock (800,000 shares authorized; 500,000 shares issued), $4 par, $2,000,000; Paid-in capital in excess of par- common stock, $1,000,000; and Retained earnings, $33,500,000. The board of directors declared a 2% stock dividend when the market price of the stock was $13 a share. Senior Life Co. reported no income or loss for the current year ses in the Portland area. The following account balances appear on the balance sheet of Senior Lite For a compound transaction, if an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required" from the dropdown. a1. Journalize the entry to record the declaration of the dividend, capitalizing an amount equal to market value. a2. Journalize the entry to record the issuance of the stock certificates. b. Determine the following amounts before the stock dividend was declared: (1) total paid-in capital, (2) total retained earnings, and (3) total stockholders' equity, Total paid-in capital Total retained earnings Total stockholders equity ermine the foliowing amounts after the stock dvidend was deciared and closing entries wore recorded at id-in capital, (2) total retained earnings, and (3) total stocknolders' equity Access-BR29 O1 FAT Online Show Me How Calculator Entries for Stock Dividends Senior Life Co. is an HMO for business Co.: Common stock (800,000 shares authorized; 500,000 shares issued), $4 par, $2,000,000; Paid-in capital in excess of par- common stock, $1,000,000; and Retained earnings, $33,500,000. The board of directors declared a 2% stock dividend when the market price of the stock was $13 a share. Senior Life Co. reported no income or loss for the current year ses in the Portland area. The following account balances appear on the balance sheet of Senior Lite For a compound transaction, if an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required" from the dropdown. a1. Journalize the entry to record the declaration of the dividend, capitalizing an amount equal to market value. a2. Journalize the entry to record the issuance of the stock certificates. b. Determine the following amounts before the stock dividend was declared: (1) total paid-in capital, (2) total retained earnings, and (3) total stockholders' equity, Total paid-in capital Total retained earnings Total stockholders equity ermine the foliowing amounts after the stock dvidend was deciared and closing entries wore recorded at id-in capital, (2) total retained earnings, and (3) total stocknolders' equity
