Alert Companys shareholders equity prior to any of the following events is as follows:

Preferred stock, 8%, $100 par	$100,000
Common stock, $10 par	150,000
Additional paid-in capital on preferred stock	16,000
Additional paid-in capital on common stock	220,000
Retained earnings	264,000
	$750,000

The company is considering the following alternative items:

1.	An 8% stock dividend on the common stock when it is selling for $30 per share.
2.	A 30% stock dividend on the common stock when it is selling for $32 per share.
3.	A special stock dividend to common shareholders consisting of 1 share of preferred stock for every 100 shares of common stock. The preferred stock and common stock are selling for $123 and $31 per share, respectively.
4.	A 2-for-1 stock split on the common stock, reducing the par value to $5 per share (assume the same date for declaration and issuance). The market price is $30 per share on the common stock. Assume a 2-for-1 stock split on the common stock, reducing the par value to $5 per share (assume the same date for declaration and issuance). The market price is $30 per share on the common stock. What disclosure is required?
5.	A property dividend to common shareholders consisting of 100 bonds issued by West Company. These bonds are carried on the Alert Company books as an available-for-sale investment at a fair value of $48,000 (which is also its cost); it has a current value of $54,000. Assume a property dividend to common shareholders consisting of 1,000 shares of West Company common stock.
6.	A cash dividend, consisting of a normal dividend and a liquidating dividend, on both the preferred and the common stock. The 10% preferred dividend includes a 2% liquidating dividend, and the $2.30 per share common dividend includes a $0.30 per share liquidating dividend (separate liquidating dividend contra accounts should be used). Assume a cash dividend, consisting of a normal dividend and a liquidating dividend, on both the preferred and the common stock. The 10% preferred dividend includes a 2% liquidating dividend, and the $2.30 per share common dividend includes a $0.30 per share liquidating dividend (separate liquidating dividend contra accounts should be used).

Required:

	For each of the preceding alternative items:
1.	Record (a) the journal entry at the date of declaration and (b) the journal entry at the date of issuance.