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helppp pleasee! thanks in advance! On January 1, Skysong Inc. had 114000 shares of $10 par value common stock outstanding On March 17 the company

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On January 1, Skysong Inc. had 114000 shares of $10 par value common stock outstanding On March 17 the company declared a 15% stock dividend to stockholders of record on March 20. Market value of the stock was $16 on March 17. The entry to record the transaction of March 17 would include a credit to Cash for $273600 credit to Common Stock Dividends Distributable for $171000 credit to $ tock Dividends for $102600. debit to Common Stock Dividends Distributable for $171000

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