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On January 1 , 2 0 2 2 , Sandhill Corporation had the following stockholders' equity accounts. During the year, the following transactions occurred. Feb.
On January Sandhill Corporation had the following stockholders' equity accounts.
During the year, the following transactions occurred.
Feb. Declared a $ cash dividend per share to stockholders of record on February payable March
Mar. Paid the dividend declared in February.
Apr. Announced a for stock split. Prior to the split, the market price per share was $
July Declared a stock dividend to stockholders of record on July distributable July On July the market pr
the stock was $ per share.
Issued the shares for the stock dividend.
Dec. Declared a $ per share dividend to stockholders of record on December payable January
Determined that net income for the year was $
Enter the beginning balances, and post the entries to the stockholders' equity accounts. Note: Open additional stockholders'
equity accounts as needed.Post entries in the order of journal entries presented in the previous part.
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