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Exercise 11-15A (Algo) Accounting for stock dividends LO 11-7 Beacon Corporaten istued a 4 percent stock dividend on 22,000 shmes ef its 39 par common

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Exercise 11-15A (Algo) Accounting for stock dividends LO 11-7 Beacon Corporaten istued a 4 percent stock dividend on 22,000 shmes ef its 39 par common stock. At the time or the dividend, the maiket vilue of the stock was $23 pershare. Required a. Compote the amoum of the stock ovidend b. Show the effects of the stock dividend on the Arancial statements using a henzomal statenents model c. Prepare the foumai enty to record the slock divend Cemplete this quetios by entering your ansuers in the tabs below. c. Hrepare the joumal entry to record the stock dividend. Complete this question by entering your answers in the tabs below. Prepare the journal entry to record the stock dividend. (It no entry is required for a transaction/event, select 'Wo foumal entry regulred" in the fint account field.) Journal entry worksheet

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