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Entries for stock dividends instructions Chart ot Accounts Journal Final Questions Instructions Healthy Life Co. is an HMO for businesses in the Fresno area. The

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Entries for stock dividends instructions Chart ot Accounts Journal Final Questions Instructions Healthy Life Co. is an HMO for businesses in the Fresno area. The following account balances appear on Healthy Life's balance sheet Common ock (800,000 shares authorized, 460,000 shares issued) S4 par. 51.840,000 Paid in capital in excess of par-common stock $800.000 and Retaine Gaminas 531,940,000. The board of directors declared a 2% stock dividend when the market price of the stock was $12 a share. Honthy Life reported no income or loss for the current year Required: a Journalize the entries to record (t) the declaration of the dividend capitalizmig an amount to make it and the one of stock certificates Refer to the Chart of Accounts for exact wording of accounts b. Determine the following amounts before the stock dividend was declared (t) fota pardin 2) to retained wings and Determine the following amounts after the stock dividend was declared and constructed at the end of the in. 12 total retained eating and total stockholders et (no OP Journal Final Questions Instructions He Chart of Accounts Te CHART OF ACCOUNTS $ Healthy Life Co. los General Ledger ASSETS REVENUE 110 Cash 410 Sales 120 Accounts Receivable 610 Interest Revenue 131 Notes Receivable 132 Interest Receivable EXPENSES 141 Inventory 145 Office Supplies 510 Cost of Goods Sold 515 Credit Card Expense (hp Journal Final Questions Instructions He Chart of Accounts (8 151 Prepaid Insurance S 520 Salaries Expense 531 Advertising Expense 181 Land Jos 193 Equipment 194 Accumulated Depreciation Equipment 532 Delivery Expense 533 Selling Expenses 534 Rent Expense LIABILITIES 535 Insurance Expense 536 Office Supplies Expense 210- Accounts Payable 221 Notes Payable 226 Interest Payable 231 Cash Dividends Payable 241 Salaries Payable 537 Organizational Expenses 562 Depreciation Expense-Equipment 590 Miscellaneous Expense 710 Interest Expense 281 Modena NNe Pasabla

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