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Epic incorporated has 11,800 shares of $2 par value common stock outstanding. Epic declares a 23% stock dividend on July 1 when the stock's market

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Epic incorporated has 11,800 shares of $2 par value common stock outstanding. Epic declares a 23% stock dividend on July 1 when the stock's market value is $26 per share. The stock dividend is distributed on July 20 . Prepare journal entries for (o) declaration and (b) distribution of the stock dividend. Journal entry worksheet Record the declaration of a 23W stock dividend. Motei Eiler defits befure credits

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