General Journal Choices Accounts payable Accounts receivable Accumulated depreciationBuilding Accumulated depreciationEquipment Building Cash Common dividend payable Common stock dividend distributable Common stock, $0 50 par value Common stock, $1 par value Common stock, $1 stated value Common stock, $10 par value Common stock, $2 par value Common stock, $2 stated value Common stock, $20 par value Common stock, $5 par value Common stock, $8 stated value Common stock, No Par value Contributed capital, Treasury stock Cost of goods sold Depreciation expenseBuilding Depreciation expenseEquipment Equipment Income summary Interest expense Interest revenue Inventory Land Note payable Organization expenses Paid in capital in excess of par value, Common stock Paid in capital in excess of par value, Preferred stock Paid in capital in excess of stated value, Common stock Paid in capital, treasury stock Preferred stock, $100 par value Preferred stock, $50 par value Rent expense Retained earnings Salaries expense Sales Sales discounts Sales returns and allowances Supplies Supplies expense Treasury stock Part 2 On February 5 , the directors declare a 20 stock dlvidend distributable on February 28 to the February 15 stockholders of record The stock's market value is $40 per share on February 5 before the stock dividend Exercise 11 10 (Static) Part 1 1 Prepare entrles to record both the dividend declaration and its distribution Journal entry worksheet Record the distribution of a 20 stock dividend Note Enter debits before credits On February 5 , the directors declare a 20 stock dlvidend distributable on February 28 to the February 15 stockholders of record The stock's market value is $40 per share on February 5 before the stock dividend Exercise 11 10 (Static) Part 1 1 Prepare entries to record both the dividend declaration and Its distribution Journal entry worksheet Note tnter debits betore credits On February 5 , the directors declare a 20 stock dividend distributable on February 28 to the February 15 stockholders of record The stock's market value is $40 per share on February 5 before the stock dividend Exercise 11 10 (Static) Part 2 2 Prepare the stockholders' equity section after the stock dividend is distrlbuted (Assume no other changes to equity )

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Posted on Sep 11, 2024

General Journal Choices Accounts payable Accounts receivable Accumulated depreciationBuilding Accumulated depreciationEquipment Building Cash Common dividend payable Common stock dividend distributable Common stock, $0.50 par value

General Journal Choices

Accounts payable
Accounts receivable
Accumulated depreciationBuilding
Accumulated depreciationEquipment
Building
Cash
Common dividend payable
Common stock dividend distributable
Common stock, $0.50 par value
Common stock, $1 par value
Common stock, $1 stated value
Common stock, $10 par value
Common stock, $2 par value
Common stock, $2 stated value
Common stock, $20 par value
Common stock, $5 par value
Common stock, $8 stated value
Common stock, No-Par value
Contributed capital, Treasury stock
Cost of goods sold
Depreciation expenseBuilding
Depreciation expenseEquipment
Equipment
Income summary
Interest expense
Interest revenue
Inventory
Land
Note payable
Organization expenses
Paid-in capital in excess of par value, Common stock
Paid-in capital in excess of par value, Preferred stock
Paid-in capital in excess of stated value, Common stock
Paid-in capital, treasury stock
Preferred stock, $100 par value
Preferred stock, $50 par value
Rent expense
Retained earnings
Salaries expense
Sales
Sales discounts
Sales returns and allowances
Supplies
Supplies expense
Treasury stock

Part 2

On February 5 , the directors declare a 20% stock dlvidend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $40 per share on February 5 before the stock dividend. Exercise 11-10 (Static) Part 1 1. Prepare entrles to record both the dividend declaration and its distribution. Journal entry worksheet Record the distribution of a 20% stock dividend. Note: Enter debits before credits. On February 5 , the directors declare a 20% stock dlvidend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $40 per share on February 5 before the stock dividend. Exercise 11-10 (Static) Part 1 1. Prepare entries to record both the dividend declaration and Its distribution. Journal entry worksheet Note: tnter debits betore credits. On February 5 , the directors declare a 20% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $40 per share on February 5 before the stock dividend. Exercise 11-10 (Static) Part 2 2. Prepare the stockholders' equity section after the stock dividend is distrlbuted. (Assume no other changes to equity.)