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On October 10 , the board of directors of Metlock Corporation declared a 10s stock dividend. On October 10, the company had 12,800 shares of

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On October 10 , the board of directors of Metlock Corporation declared a 10s stock dividend. On October 10, the company had 12,800 shares of $1 par common stockissued and outstanding with a market price of $15 per share. The stockdividend will be distributed on October 31 to shareholders of recons on october 25 Journalize the entries needed for the declaration and distribution of the stock dividend. (Credit account titles are automatically indented when amount is entered, Do not indent manually, If no entry is required, select "No Entry" for the account titles ond enter ofor the amounts, List all debit entries

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