Oliver Communications, Inc., began 2018 with 260,000 shares of $1 par common stock issued and outstanding Beginning Paid in capital in excess of pa-common was $550,000, and retained earnings was $310,000. In April 2018, Oliver Communications, Inc., issued 20,000 shares of stock at $8 per share in September when the stock market price was $15 per share the board of directors distributed a 10 percent stock dividend Read the requirements Requirement 1. Make the journal entries for the issuance of stock for cash and for the declaration and distribution of the 10 percent stock dividend. (Record debits first, then credits Exclude explanations from any journal entries) Record the issuance of common stock for cash Journal Entry Date Accounts Debit Credit Apr Record the declaration and distribution of the stock dividend Journal Entry Accounts Debit Credit Date Sep Oliver Communications, Inc., began 2018 with 260,000 shares of $1 per common stock issued and outstanding Beginning Paid in capital in excess of par-common was $550,000, and retained earnings was $810,000. In April 2018, Oliver Communications, Inc., issued 20,000 shares of stock at Sa per share. In September when the stock's market price was $15 per share, the board of directors distributed a 10 percent stock dividend Read the resuirements Requirement 2. Prepare the company's statement of stockholders' equity for the year ended December 31, 2018. (Enter the labels in chronological order. Use parentheses or a minus sign when subtracting numbers. For accounts with a so balance, leave the cell blank. Do not enter a "o") Oliver Communications, Inc. Statement of Stockholders' Equity Year Ended December 31, 2018 Additional Common paid in Retained stock capital earnings Total Requirements - X wh 1. Make the journal entries for the issuance of stock for cash and for the declaration and distribution of the 10 percent stock dividend. 2. Prepare the company's statement of stockholders' equity for the year ended December 31, 2018. Ignore net income. hronologi Print Done TOTT OTTHUS