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Fitness Schools, Inc. is wuthorized to sue 200.000 shares of common stock. The company issued 74,000 shares per share. When the market price of common

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Fitness Schools, Inc. is wuthorized to sue 200.000 shares of common stock. The company issued 74,000 shares per share. When the market price of common stock was a persham, Fress declared and did 10 dividend. Later, Fitness declared and paid a $0.50 per share cash dividend. Read the requirements Requirement 1. Joumalize the declaration and the debution of the dock vitend. (ecord debts fast, then credia. Select the explanation on the last fine of the joumal entry table) First, journaline the declaration of the stock dividend. Accounts and Explanation Date Debit Crede Now journal the distribution of the stock dividend Date Accounts and Explanation Debut Credit Requirement 2. Joumaline the declaration and payment of the cash dividend Record debit fut, the credits Select the explanation on the last line of the Jumal try table) Begin by journaling the declaration of the cash dividend Choose from any list or enter any number in the input fields and then continue to the next question Requirement 2. Joumalize the declaration and payment of the cash dividend. (Record debits first, then credits. Select the explanation on the last line of the journal entry table) Begin by journaling the declaration of the cash dividend. Date Accounts and Explanation Debit Credit Now journalize the payment of the cash dividend Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then continue to the next

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