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On September 1, the board of directors of Colorado Outfitters, Incorporated, declares and issues a stock dividend on its 22,000,$13 par, common shares. The market

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On September 1, the board of directors of Colorado Outfitters, Incorporated, declares and issues a stock dividend on its 22,000,$13 par, common shares. The market price of the common stock is $42 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 particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the stock dividend assuming a small (10\%) stock dividend. Note: Enter debits before credits. On September 1, the board of directors of Colorado Outfitters, Incorporated, declares and issues a stock dividend on its 22,000,$13 par, common shares. The market price of the common stock is $42 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 particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the stock dividend assuming a large (100%) stock dividend. Note: Enter debits before credits. On September 1, the board of directors of Colorado Outfitters, Incorporated, declares and issues a stock dividend on its 22,000,$13 par, common shares. The market price of the common stock is $4 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 particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the transaction assuming a 2 -for-1 stock split. Note: Enter debits before credits

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