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Hernandez Corporation has 60,000 shares of $10 par value common stock outstanding.The following transactions occurred during the year:Declared a 10% stock dividend to stockholders on

Hernandez Corporation has 60,000 shares of $10 par value common stock outstanding.The following transactions occurred during the year:Declared a 10% stock dividend to stockholders on March 17th to stockholders of record on March 20th.The market value of the stock was $13 on March 17th.The stock was distributed on March 30th.

Entry for March 17?

Entry for March 30?

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