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On October 1, the board of directors of Colorado Outfitters, Inc, declares a stock dividend on its 16,000,$7 par, common shares. The market price of

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On October 1, the board of directors of Colorado Outfitters, Inc, declares a stock dividend on its 16,000,$7 par, common shares. The market price of the common stock is $36 on this date. Required: 1. 2. \& 3. Record the necessary journal entries assuming a small (10\%) stock dividend, a large (100\%) stock dividend, and a 2 -for-1 stock split. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet 3 Record the steck dividend assuming a small ( 10%) stock dividend. Note: Fnter debits before credits

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