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Exercise 10-10B Record stock dividends and stock splits (L010-6) On September 1, the board of directors of a company, declares a stock dividend on its

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Exercise 10-10B Record stock dividends and stock splits (L010-6) On September 1, the board of directors of a company, declares a stock dividend on its 11,000, $2 par, common shares. The market price of the common stock is $31 on this date. Required: 1.2. & 3. Record the necessary Journal entries assuming a small (10%) stock dividend, a large (100%) stock dividend, and a 2-for-1 stock split. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the stock dividend assuming a small (10%) stock dividend. Notes Enter debits before credits Date General Journal Debit Credit September 01 Record entry Clear entry View general Journal

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