E10-33A (similar to) Question Help The stockholders' equity section of the balance sheet for Dairy Place Corporation on January 12, 2019, follows: E (Click the icon to view the data.) On January 12, 2019, the market price of Dairy Place common stock was $19 per share. Dairy Place declared and distributed a 10% stock dividend on this date. Read the requirements. Requirement 1. Journalize the declaration and distribution of the 10% stock dividend. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Accounts 12 Retained Earnings Debit Date January Credit Choose from any list or enter any number in the input fields and then click Check Answer. E10-33A (similar to) Question H The stockholders' equity section of the balance sheet for Dairy Place Corporation on January 12, 2019, follows: (Click the icon to view the data.) On January 12, 2019, the m Read the requirements. 0 Requirements dividend on this Requirement 1. Journalize ns from any jour Date January 1. Journalize the declaration and distribution of the stock dividend. 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend. 3. Why is total stockholders' equity unchanged by the stock dividend? 4. Suppose Dairy Place had a cash balance of $560,000 on January 13, 2019. What is the maximum amount of cash dividends the company can declare? 12 Retained E Print Done Choose from any list or enter any number in the input fields and then click Check Answer. 2 parts 5 remaining Clear All Check Answer i Data Table $ Stockholders' Equity Common stock, $0.80 par, 2,200,000 shares authorized, 900,000 shares issued Paid-in capital in excess of par-common Retained earnings Accumulated other comprehensive income (loss) 720,000 1,937,280 7,100,000 (180,000) 9,577,280 Total stockholders' equity $ Print Done Clear All