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Greenview Bancshares has 33,000 shares of $4 par value common stock outstanding. Suppose Greenview declares and distributes an 8% stock dividend when the market

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Greenview Bancshares has 33,000 shares of $4 par value common stock outstanding. Suppose Greenview declares and distributes an 8% stock dividend when the market value of its stock is $22 per share. 1. Journalize Greenview's declaration and distribution of the stock dividend on May 11. An explanation is not required. 2. What was the overall effect of the stock dividend on Greenview's total assets? On total liabilities? On total stockholders' equity? ... 1. Journalize Greenview's declaration and distribution of the stock dividend on May 11. An explanation is not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry May Date Accounts 11 Debit Credit

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