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Fred Corporation had the following stockholders' equity information available on December 1, 2019: Common Stock (600,000 shares authorized, 140,000 shares issued and outstanding, $12-par value)

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Fred Corporation had the following stockholders' equity information available on December 1, 2019: Common Stock (600,000 shares authorized, 140,000 shares issued and outstanding, $12-par value) 1,680,000 Additional Paid-In Capital in Excess of Par Value 3,120,000 Total Paid-In Capital 4,800,000 Retained Earnings 4,280,000 Total Stockholders' Equity 9.080.000 On December 10, the market price of Fred Corporation's common stock is $150 per share. REQUIRED: A. For each of the following INDEPENDENT cases, give the general journal entries required on December 10, December 20, and December 31 (if any): CASE 1--On December 10, Fred Corporation declared a $1.50 per share cash dividend, payable on December 31 to shareholders of record of December 20. Account Titles DR CR 1 Common Stock APIC in Excess of Par Value Total Paid In Capital Retained Earnings Total Stockholders' Equity Current After Balances Cash Dividend 1,680,000 3,120,000 4,800.000 4,280,000 9,080.000 of shares outstanding Par Value per share Market Value per share 140,000 S12 S150 CASE 2--On December 10, Fred Corporation declared a 12% stock dividend, distributable on December 31 to shareholders of record of December 20. Account Titles DR CR After Stock Dividend Common Stock APIC in Excess of Par Value Total Paid-In Capital Retained Earnings Total Stockholders' Equity Current Balances 1,680,000 3,120,000 4,800,000 4,280,000 9,080,000 of shares outstanding Par Value per share Market Value per share 140,000 $12 S150 CASE 3-On December 10, Fred Corporation declared a 200% stock dividend, distributable on December 31 to shareholders of record of December 20. Account Titles DR CR Common Stock APIC in Excess of Par Value Total Paid-In Capital Retained Earnings Total Stockholders' Equity Current After Balances Stock Dividend 1,680,000 3,120,000 4,800,000 4,280,000 9,080,000 # of shares outstanding Par Value per share Market Value per share 140,000 S12 SISO CASE 4-On December 10, Fred Corporation declared an 5 for 1 stock split effective on CASE 4-On December 10, Fred Corporation declared an 5 for 1 stock split effective on December 31. Account Titles DR CR After Stock Split Common Stock APIC in Excess of Par Value Total Paid-In Capital Retained Earnings Total Stockholders' Equity Current Balances 1,680,000 3.120,000 4,800,000 4,280,000 9,080,000 # of shares outstanding Par Value per share Market Value per share 140,000 $12 $150

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