Homework: Chapter 13 Homework Score: 0 of 1 pt S13-9 (similar to) Save 5 of 5 (3 complete) HW Score: 32.67%, 1.63 of 5 pts E Question Help Splash N' Slide Water Sports has 10,000 shares of $3 par value common stock outstanding. Splash N' Slide distributes a 15% stock didend when the market value of its stock is $16 per share. Read the requirements Requirement 1. Journalize Splash N Slide's declaration of the stock dividend on September 15 and distnibution on September 30. (Record debits first, then credits Select the explanation on the last line of the journal entry table.) Start by journalizing the declaration of the stock dividend on September 15. Date Accounts and Explanation Debit Credit Sep. 15 Requirements 1. Joumalize Splash N Slide's declaration of the stock dividend on September 15 and distribution on September 30 2. what the overall effect of the stock dividend on Splash N' Slide's total assets? 3. What is the overall effect on total stockholders' equity? Print Done