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Exercise1 The stockholders' equity accounts of G.K. Chesterton Company have the following balances on December 31, 2014. Common stock, $10 par, 401,000 shares issued and
Exercise1 The stockholders' equity accounts of G.K. Chesterton Company have the following balances on December 31, 2014. Common stock, $10 par, 401,000 shares issued and outstanding Paid-in capital in excess of par-common stock Retained earnings $4,010,000 1,295,000 5,632,000 Shares of G.K. Chesterton Company stock are currently selling on the Midwest Stock Exchange at $38 Prepare the appropriate ournal entries for each of the following cases. Credit account titles are automatically indented when amount s entered. Do not ndent manua y.f is required, select "No Entry" for the account titles and enter O for the amounts.) entry (a) (b) (c) A stock dividend of 6% is (1) declared and (2) issued. A stock dividend of 100% is (1) declared and (2) issued. A 2-for-1 stock split is (1) declared and (2) issued
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