Journalize the distribution of the stock dividend.

Homework: Homework - Chapter 10 Score: 1.22 of 2 pts 3 of 4 (4 complete) E10-21A (similar to) The stockholders' equity for Castaway, Inc., on December 31, 2017, follows (Click the icon to view the stockholders' equity on December 31, 2017.) On November 30, 2018, the market price of Castaway's common stock was $14 per share and the company distributed a 15 percent stock dividend Read the requirements Requirement 1. Journalize the distribution of the stock dividend. (Record debits first, then credits. Exclude explanations from any journal entries Journal Entry Data Table X Date Accounts Debit Credit Nov 30 Retained earnings Common stock Stockholders' Equity Paid-in capital in excess of par- -common Paid-in capital: Common stock, $1 par, 600,000 shares authorized 150,000 issued and outstanding $ 150,000 Paid-in capital in excess of par-common 1,350,000 Total paid in capital 1,500,000 Retained earnings 360,000 Total stockholders' equity $ 1,860,000 Print Done Choose from any list or enter any number in the input fields and then click Check