On December 31, the stockholders' equity section of the balance sheet of R & B Corporation reflect following $150,000 11,000 65,000 Common stock (par $10, authorized 60,000 shares, outstanding 15,000 shares) Additional paid-in capital Retained earnings

E11-19 (Supplement 11B) Journalizing Small and Large Stock Dividends [LO 11- S2] On December 31, the stockholders' equity section of the balance sheet of R & B Corporation reflected the following $150,000 11,000 65,000 Common stock (par $10, authorized 60,000 shares, outstanding 15,000 shares) Additional paid-in capital Retained earnings On February 1 of the following year, a 10 percent stock dividend was issued. The market value of the stock on February 1 was $13 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.) View transaction list Journal entry worksheet 2 Record the issue of a 10 percent stock dividend on the 15,000 shares of stock outstanding with a market value of $13 per share. Note: Enter debits before credits Transaction General Journal Debit Credit Journal entry worksheet 2 Record the issue of a 100 percent stock dividend on the 15,000 shares of stock outstanding with a par value of $10 per share. Note: Enter debits before credits. Transaction General Journal Debit Credit Clear entry Record entry View general journal