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Exercise 15 14 The stockholders' equity accounts of Tamarisk Company have the following balances on December 31, 2017. $2,810,000 common stock, s10 par, 281,000 shares
Exercise 15 14 The stockholders' equity accounts of Tamarisk Company have the following balances on December 31, 2017. $2,810,000 common stock, s10 par, 281,000 shares issued and outstanding Paid-in capital in excess of par-common stock 1,220,000 5,600,000 Retained earnings Shares of Tamarisk Company stock are cumently selling on the Midvest Stock Exchange at $34. Prepare the appropriate journal entries for each of the following cases. (Credit account titles are automatically indented when amount is entered. Do not indent manu If no entry is required, select "No Entry" for the ally. account titles enter amounts.) (a) A stock dividend of 6% is (1) declared and (2) issued. b) A stock dividend of 100% is (1) declared and (2) issued. (c) A 2-for-1 stock split is (1) declared and (2) issued
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