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Hello, can you please help solving that question thank you The following data were taken from the SFP accounts of Whispering Winds Corporation on December
Hello, can you please help solving that question
The following data were taken from the SFP accounts of Whispering Winds Corporation on December 31,2020 : A. 4% stock dividend is declared at their fair value and distributed at a time when the shares' fair value is $41 per share. Prepare the required journal entries. (Credit Indented when the amount is entered. Do not indent manually. If no entry is requirnd, select "No Entry" for the occount tities and enter Ofor the amounts. A 4% stock dividend is declared at their fair value and distributed at a time when the shares fair value is $41 per share. Prepare the required journal entries. (Gredit Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) A 3-for-1 stock split is effected. Prepare the required journal entry. iCredit account titles are automatically indented when the amount is entered. Do not indent manually for the account tities and enter O for the amounts.) A 3. foc-I stock sail is effected. Prepare the required joumat entry. ICredlt decount titics are automatically indented when the amount is entered. Do nat indent manuolly If no entry for the accoumt titles and eriter of for the amounts. A dividend in kind is declared on January 8.2021 and paid on Lanuary 28.2021 in FV-N1 irvestmenth. The investments have a carrying aenount of $160.000 air value at Dece January. fair value of $165,000. Prepare the required journal entries. ICredit account titles are automoticathy indented when the emount is entered Do not indent mancaliy if no en. Entry" for the account tiles and enter ofor the amounts) Adividend in kind is declared on January 8,2021 and paid on Japuary 28,2021 in FV-NI investments. The imvestments have a carrying amount of 5160,000 (fair value at Doec lanutry 8 fair valuc af $1.65,000. Prepare the required journat entries. (Credit account titles are autometically indented when the amonat is entered Do not indent manuafik if no en Entry' for the account rities and enter of for the amounts thank you
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