On October $10,$ the board of directors of Splish Brothers Corporation declared a $10\%$ stock dividend. On October $10,$ the company had $12,300$ shares of $$1$ par common stock issued and outstanding with a market price of $$16$ per share. The stock dividend will be distributed on October $31$ to shareholders of record on October $25.$

Journalize the entries needed for the declaration and distribution of the stock dividend. $($Credit account titles are outamatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry for the occount titles and enter O for the amounts. List all debit entries before credit entries. Record Joumal entries in the order presented in the problem.

Date

Oct. $10$

Cet $51$