Jennings Corp. has 1,000,000 shares of $1 par value stock authorized, 200,000 shares issued, and 150,000 shares outstanding. On June 1, 2010, Jennings' Board of Directors declared a 10% stock dividend at a time that the stock carried a market value of $30. Prepare the journal entry required to record the transaction described above and then post it to the related T-accounts: Compute the number of shares outstanding after the June 1, 2010 stock dividend. Jennings Corp. announced a 100% stock dividend on June 1, 2011. Prepare the journal entry required to record the transaction described above and then post it to the related T-accounts: Compute the number of shares outstanding after the June 1, 2011 stock dividend. Jennings Corp. announced a 2 for 1 stock split on June 1, 2012. Prepare the journal entry required to record the transaction described above and then post it to the related T-accounts: