Belkin Incorporated has 110,000 shares of $3 par value common stock outstanding. Belkin declares a 50% stock dividend on March 2 when the stock's market value is $82 per share. Prepare the journal entry for declaration of the stock dividend. View transaction list Journal entry worksheet 1 Record the declaration of a 50% stock dividend. Note: Enter debits before credits. " Prev 6 of 12 Next

Belkin Incorporated has 110,000 shares of $3 par value common stock outstanding. Belkin declares a 50% stock dividend on March 2 when the stock's market value is $82 per share. Prepare the journal entry for declaration of the stock dividend