Entries for Stock Dividends year.

For a compound transaction, if an amount box does not require an entry, leave it blank. If no entry is required, select $"$No entry required" from the dropdown.

a$1.$ Journalize the entry to record the declaration of the dividend, capitalizing an amount equal to market value.

a$2.$ 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 earnings, and $(3)$ total stockholders' equity.

Total paid$-$in capital

Total retained earnings

Total stockholders' equity

Total paid$-$in capital

Total retained earnings

Total stockholders' equity