Entries for stock dividends Instructions Chart of Accounts Journal Instructions Top-Value Corporation has 242,000 shares of $45 par common stock outstanding. On September 2, Top-Value Corporation declared a 2% stock dividend to be issued November 30 to stockholders of record on October 3. The market price of the stock was $40 per share on September 2 Required: Journalize the entries required on September 2, October 3, and November 30. If no entry is required, simply skip to the next transaction. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries CNOW journals will automatically indent a c ent a credit entry when a credit amount is entered Journal 1 JOURNAL DATE DESCRIPTION PAGE 10 ACCOUNTING EQUATION POST REY DEBIT CREDIT ASSETS LIABILITIES EQUITY