On December $31,$ the stockholders' equity section of the balance sheet of R & B Corporation reflected the following:

On February $1$ of the following year, a $10$ percent stock dividend was issued. The market value of the stock on February

$1$ was $$22$ per share.

Required:

Prepare the journal entry to record $(a)$ the small $10$ percent stock dividend and, alternatively, $(b)$ the large $100$ percent

stock dividend. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account

field.$)$

Journal entry worksheet

Record the issuance of a $10$ percent stock dividend on

the $21,000$ shares of stock outstanding with a market

value of $$22$ per share.

Note: Enter debits before credits.