Brady Company has 30,000 shares of $10 par value common stock authorized and 20,000 shares issued and outstanding. On August 15, Year 6, Brady purchased 1,000 shares of treasury stock for $12 per share. These shares had originally been sold to investors for $11.50 per share. Brady uses the cost method to account for treasury stock. On September 14, Year 6, Brady sold 500 shares of the treasury stock for $14 per share.

In October Year 6, Brady declared and distributed 2,000 shares as a stock dividend from unissued shares when the fair value of the common stock was $16 per share.

On December 20, Year 6, Brady declared a $1 per share cash dividend, payable on January 10, Year 7, to shareholders of record on December 31, Year 6.

Determine the amounts to be recorded for the treasury stock transactions under the cost and par-value methods. Also determine amounts to be recorded for the declaration and distribution of a stock dividend and a split-up in the form of a dividend.

Account	Cost method	Par-value method
Acquisition of treasury stock:
1. Additional paid-in capital -- common
2. Cash
3. Common stock
4. Paid-in capital from treasury stock
5. Retained earnings
6. Treasury stock
Reissue of treasury stock:
7. Additional paid-in capital -- common
8. Cash
9. Common stock
10. Paid-in capital from treasury stock
11. Retained earnings
12. Treasury stock
Account	Stock dividend	Split-up in the form of a dividend
Declaration of stock dividend:
13. Additional paid-in capital -- common
14. Common stock
15. Common stock dividend distributable
16. Paid-in capital from treasury stock
17. Retained earnings
18. Treasury stock
Distribution of stock dividend:
19. Additional paid-in capital -- common
20. Common stock
21. Common stock dividend distributable
22. Paid-in capital from treasury stock
23. Retained earnings
24. Treasury stock