Cash Dividends, Stock Dividend, and Stock Split

During the year ended December 31, 20--, Choi Company completed the following transactions:

Apr. 15	Declared a semiannual dividend of $1.4 per share on preferred stock and $0.3 per share on common stock to shareholders of record on May 5, payable on May 10. Currently, 6,100 shares of $50 par preferred stock and 79,200 shares of $1 par common stock are outstanding.
May 10	Paid the cash dividends.
Oct. 15	Declared semiannual dividend of $1.4 per share on preferred stock and $0.3 per share on common stock to shareholders of record on November 5, payable on November 20.
Nov. 20	Paid the cash dividends.
22	Declared a 10% stock dividend to common shareholders of record on December 8, distributable on December 16. Market value of the common stock was estimated at $5 per share.
Dec. 16	Issued certificates for common stock dividend.
20	Board of directors declared a two-for-one common stock split.

Required:

Prepare journal entries for the transactions. If an amount box does not require an entry, leave it blank.

Page: 1

	DATE	ACCOUNT TITLE	DOC. NO.	POST. REF.	DEBIT	CREDIT
1	Apr. 15						1
2							2
3							3
4							4
5	May 10						5
6							6
7							7
8							8
9	Oct. 15						9
10							10
11							11
12							12
13	Nov. 20						13
14							14
15							15
16							16
17	Nov. 22						17
18							18
19							19
20							20
21	Dec. 16						21
22							22
23							23

Board of directors of Choi Company declared a two-for-one common stock split. How is this transaction recorded in the books of Choi Compnay?