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corporation's common stock are July 10, August 9, and September 18. Journalize the entries required on each date. OBJ.4 EX 13-10 Entries for stock dividends

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corporation's common stock are July 10, August 9, and September 18. Journalize the entries required on each date. OBJ.4 EX 13-10 Entries for stock dividends Healthy Living Co. is an HMO for businesses in the Seattle area. The following account balances appear on the balance sheet of Healthy Living Co.: Common stock (400,000 shares authorized; 300,000 shares issued), $18 par, $5,400,000; Paid-in capital in excess of parcommon stock, $1,500,000; and Retained earnings, $78,000,000. The board of directors declared a 5% stock dividend when the market price of the stock was $40 a share. Healthy Living Co. reported no income or loss for the current year. a. Journalize the entries to record (1) the declaration of the dividend, capitalizing an amount equal to market value, and (2) the issuance of the stock certificates. b. Determine the following amounts before the stock dividend was declared: (1) total paid-in capital, (2) total retained earnings, and (3) total stockholders' equity. c. Determine the following its after the stock dividend was declared and closing entries were recorded at to of the year: (1) total paid-in capital, (2) total retained earnings, and (3) total stockholders' equity. OBJ. 5 EX 13-11 Treasury stock transactions Crystal Lake Inc. bottles and distributes spring water. On March 4 of the current year, Crystal Lake reacquired 33,000 shares of its common stock at $84 per share. On August 27, Crystal Lake Inc. sold 25,000 of the reacquired shares at $90 per share. The remaining 8,000 shares were sold at $80 per share on November 11. a. Journalize the transactions of March 4, August 27, and November 11. b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 ur

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