Phil Company has 13,000 shares of $5 par value common stock. The company declares a 50% stock dividend when the market price of the stock is $53 per share. The journal entry for this event would contain which of the following?

a Debit to Retained Earnings for 13,000 x .50 x 5

b. Credit to Common Stock for 13,000 x .50 x 53

c. Credit to APIC for 13,000 x .50 x 48

d. Debit to Retained Earnings for 13,000 x .50 x 53

Lou Company has December 31, Year 1 balances of AOCI $27,000 (debit), APIC $77,000, and Retained Earnings $313,000. For Year 2, the company has net income of $17,000, an unrealized gain on available-for-sale securities of $18,000 , and the issuance of treasury stock costing $22,000 for $29,000. The ending Year 2 balances for AOCI, APIC, and Retained Earnings are, respectively

a. $45,000, $84,000, and $330,000

b. $9,000, $70,000, and $330,000

c. $9,000, $84,000, and $330,000

d. $9,000, $84,000, and $296,000

Cealey Company has 75,000 shares of $1 par value common stock issued and Retained Earnings of $888,000. During the year, the company issues 6000 shares of treasury stock that cost $24,000 for $31,000, then declares a 3-for-1 stock split with the par value changed proportionately, and then converts 5000 bonds into 20,000 shares of common stock. At the end of the year the number of shares issued, par value per share, and Retained Earnings balances are respectively

a. 245,000; $.33; $888,000

b. 263,000; $.33; $895,000

c. 263,000; $1; $663,000

d. 245,000; $1; $888,000