ACCT 201-2804: Financial Accounting-MiraCosta College-Fall 2020 Amanda Foshee & 11/22/20 7:24 AM Homework: Chapter 10 Homework Save core: 0 of 2 pts 7 of 8 (7 complete) HW Score: 44.92%, 8.98 of 20 pts E10-22A (similar to) Question Help Pottery By Mae, Inc. is authorized to issue 1.200,000 shares of $2 par common stock. The company issued 78,000 shares at SA per share, and all 78,000 shares are outstanding. When the market price of common stock was $11 per share, Pottery By Mae, Inc, declared and distributed a 15 percent stock dividend. Later, Pottery By Mao, Inc., declared and paid a $0.10 per share cash dividend. Requirements Journalize the declaration and distribution of the stock dividend, 2. Joumalize the declaration and the payment of the cash dividend. Requirement 1. Journalize the declaration and distribution of the stock dividend. (Record debits first, then credits. Exclude explanations from any joumal entries) Journal Entry Accounts Date Debit Credit