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On March 1, 2020, ABC Corporation had the following capital structure: Common Stock (par $0.50) Additional Paid In Capital Retained Earnings Treasury Stock Shares Outstanding

On March 1, 2020, ABC Corporation had the following capital structure: Common Stock (par $0.50) Additional Paid In Capital Retained Earnings Treasury Stock Shares Outstanding = 6,000 $3,000 $165,000 $72,000 -0- The board of directors declared and issued a 15 percent stock dividend when the stock was selling at $75 per share. 1. What is the total Shares Outstanding after the stock dividend? [Select] 2. What is the journal entry to record this 15% stock dividend? Dr. [Select] Cr. [Select] [Select] [Select] Cr. [Select] [Select] > > >image text in transcribed

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