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On May 31, 2022,BridgeportLandscaping's common shares were trading for $15, and the company had the following shareholder's equity accounts: Common Shares (no par value, unlimited

On May 31, 2022,BridgeportLandscaping's common shares were trading for $15, and the company had the following shareholder's equity accounts:

Common Shares (no par value, unlimited authorized,

970,000issued, and outstanding)

$4,850,000Contributed Surplus-Common Shares1,190,000Retained earnings20,270,000

Prepare the journal entries for the following independent transactions.

a. A stock dividend of 20% is declared on June 1, 2022 at their fair value and issued on June 30 to the shareholders of record on June 15. The common shares were trading for $15on June 1, 2022. (Use Dividends.)

b. A stock dividend of 100% is declared on June 1, 2022 at their fair value and issued on June 30 to the shareholders of record on June 15. The common shares were trading for $15on June 1, 2022. (Use Dividends.)

c. A 2-for-1 stock split is declared on June 1, 2022 at their fair value and issued on June 30 to the shareholders of record on June 15.

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