Company Z has 2.65 million shares of common stock authorlzed with a par value of $1 and a market price of $63. There are 1.325 million outstanding shares and 0.33125 million shares held In treasury stock. Requlred: a. Prepare the journal entry If the company declares and distributes a 10% stock dividend. b. Show the effect of the 10% stock dividend on assets, Ilabilitles, and stockholders' equity. c. Prepare the journal entry If the company declares and distributes a 100% stock dividend. d. Show the effect of the 100% stock dividend on assets, llabilitles, and stockholders' equity. Complete this question by entering your answers in the table below. Prepare the journal entry if the company declares and distributes a 10% stock dividend. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars and not in millions.) Journal entry worksheet Record the declaration and distribution of the 10% stock dividend. Note: Enter debits before credits. Company Z has 2.65 million shares of common stock authorized with a par value of $1 and a market price of $63. There are 1.325 million outstanding shares and 0.33125 million shares held In treasury stock. Requlred: a. Prepare the journal entry If the company declares and distributes a 10% stock dividend. b. Show the effect of the 10% stock dividend on assets, Ilabilitles, and stockholders' equity. c. Prepare the journal entry If the company declares and distributes a 100% stock dividend. d. Show the effect of the 100% stock dividend on assets, llabilities, and stockholders' equity. Complete this question by entering your answers in the table below. Company Z has 2.65 million shares of common stock authorlzed with a par value of $1 and a market price of $63. There are 1.325 million outstanding shares and 0.33125 million shares held In treasury stock. Requlred: a. Prepare the journal entry if the company declares and distributes a 10% stock dividend. b. Show the effect of the 10% stock dividend on assets, Ilabilitles, and stockholders' equity. c. Prepare the journal entry if the company declares and distributes a 100% stock dividend. d. Show the effect of the 100% stock dividend on assets, llabilitles, and stockholders' equity. Complete this question by entering your answers in the table below. Prepare the journal entry if the company declares and distributes a 100% stock dividend. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars and not in millions.) Journal entry worksheet Record the declaration and distribution of the 100% stock dividend. Note: Enter debits before credits. Company Z has 2.65 million shares of common stock authorized with a par value of $1 and a market price of $63. There are 1.325 million outstanding shares and 0.33125 million shares held In treasury stock. Requlred: a. Prepare the journal entry if the company declares and distributes a 10% stock dividend. b. Show the effect of the 10% stock dividend on assets, Ilabilitles, and stockholders' equity. c. Prepare the journal entry If the company declares and distrlbutes a 100% stock dividend. d. Show the effect of the 100% stock dividend on assets, Ilabilities, and stockholders' equlty. Complete this question by entering your answers in the table below
