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need requirements #1 and #2 * Requirements X sto bu 1. Journalize the declaration and the distribution of the stock dividend. 2. Journalize the declaration

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* Requirements X sto bu 1. Journalize the declaration and the distribution of the stock dividend. 2. Journalize the declaration and payment of the cash dividend. eng es Print Done Self-Defense Schools, Inc. is authorized to issue 200,000 shares of S4 par common stock. The company issued 75,000 shares at $5 per share. When the market price of common stock was $7 per share, Self-Defense Schools declared and distributed a 12% stock dividend. Luter, Self-Defense Schools declared and paid a 50.25 per share cash dividend Read the entirement Requirement 1. Journalize the declaration and the distribution of the stock dividend. (Record dobits first, then credits. Select the explanation on the last line of the journal entry table) First, joumare the declaration of the stock dividend, Date Accounts and Explanation Debit Rotained Earnings Common Stock Dividend Distributable Paid In Capital in Excess of Par-Common Credit Declared a 12% utock dividend

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