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Entries for Stock Dividends Healthy Life Co. is an HMO for businesses in the Fresno area. The following account balances appear on the balance sheet:

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Entries for Stock Dividends Healthy Life Co. is an HMO for businesses in the Fresno area. The following account balances appear on the balance sheet: Common stock (410,000 shares authorized : 5,000 shares issued), 550 par, $250,000; Paid in Capital in excess of par-common stock, $25,000, and Metained earnings, $2,500,000. The board of directors declared a 14. stock dividend when the mare price of the stock was in a share. Healthy Life reported no income or loss for the current year If no entry is required, select "No entry required and leave the amount boxes bilark. If an amount box does not require an entry, brez black 1. Journalize the entry to record the declaration of the dividend, capralaing an amount equal to market value. 32. Journalize the entry to record 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 earning and (3) total odhoden uity Total pald-in capital Previous Next Check My Wormo Check My Work EPIC RA 8 30 ON &7 O 9 % 5 # 3 8 $ 4 7 6 . R Y U E L H F G D A M ?? N B C V a2. Journalize the entry to record the issuance of the stock certificates b. Determine the following amounts before the stock dividend was declared: (1) total de la capitat) total and caring, w stockholders guty Total paid in capital Total retained earnings Total stockholders' equity c. Determine the following amounts after the stock dividend was declared and closing entries were recorded at the end of the pald-in capital (2) total retained earrings, and (3) total stockholders equity Total peld-in capital Total retained earnings Total stockholders equity Check My Work more Check My Work Previous EPIC 8 & 1 0 # 3 $ 4 % 5 8 6 1 O R . E Y F G H D

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