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||| = Home Home More info The s Requ expla */ First, Apr. 30 */ O Data table On April 30, 2024, the market
||| = Home Home More info The s Requ expla */ First, Apr. 30 */ O Data table On April 30, 2024, the market price of Seabury's common stock was $14 per share and the company declared a 14% stock dividend. The stock was distributed on May 15. Stockholders' Equity Print Done - Paid-In Capital: Common Stock-$3 Par Value; 1,500 shares authorized, 450 shares issued and outstanding $ 1,350 1,800 Paid-In Capital in Excess of Par-Common Total Paid-In Capital 3,150 123,000 Retained Earnings $ 126,150 Total Stockholders' Equity Requirements 1. Journalize the declaration and distribution of the stock dividend. 2. Prepare the stockholders' equity section of the balance sheet as of May 31, 2024. Assume Retained Earnings are $123,000 on April 30, 2024, before the stock dividend, and the only change made to Retained Earnings before preparing the balance sheet was closing the Stock Dividends account. Print Done Save dits. Select the ar all Check answer
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