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Bramble Corp. has 220.000 shares of $9 par value common stock outstanding It declares a 12% stock dividend on December 1 when the market price

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Bramble Corp. has 220.000 shares of $9 par value common stock outstanding It declares a 12% stock dividend on December 1 when the market price per share is $16. The dividend shares are issued on December 31. Prepare the entries for the declaration and distribution of the stock dividend. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts) Credit Account Titles and Explanation Debit Date Dec.1 # 422400 237600 184800 237600 Dec. 31 4 237600 List of Accounts eTextbook and Media 2.0

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