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Southern Travel Lid is authorized to 600.000 common shares As of December 312018 The conceny nad 70,000 shares a $0.00 por two and its Roland Gaming balance was 73.000. During 200 Folowing transacions look bace 10 Decorada 15 percent stock dividend, using the market value of $4.500 Jul Aus Sep 20 Distributed the stock dvd 5 Declared a 50,00 per share cash dividend Date of record August 21 15 Paid the cash dividend dedo on August 5 Requirement 1. Journize the declaration and distribution of the stock dividend Begin by journaling the dedaration of the stock dividend Record Gebits first, then credits. Explanations are not required) Journalty Accounts De Credit Required TO 1. Journal declaration and distribution of the clock dividend 7. Journalize the declaration and payment of the cash dividend 3. Preparere shareholders equity section of the balance sheet on agusts 2020 Now, journalize the distributon of the stock dvidend Journal Entry Accounts Print Done Tate Debit Credit 20 Requirement 2. Journalize the declaration and payment of the cash dvidend Start by journing the declaration of the cash didend Dale Acco Del Chede 5 Next, journalize the payment of the cash dividend. Journal Entry Accounts Date Debit Credit Sep 15 Requirement 3. Prepare the shareholders' equity section of the balance sheet on August 5, 2020 Southern Travel Ltd. Balance Sheet (partial) August 5, 2020 Shareholders' Equity Contributed Capital Total shareholders' equity Choose from any list or enter any number in the input fields and then continue to the next question Southern Travel Ltd is authorized to issue 600,000 common shares As of December 31, 2019, the company had issued 70000 shares at S8.00 por share and its Retained Earnings balance was $235,000 During 2020, the following transactions took place Jun 10 Declared a 15 percent stock dividend using the market value of $4 50 per share Jul 20 Distributed the stock dividend Aug 5 Declared a 50 60 per share cash dividend Date of record is August 21 Sep 15 Paid the cash dividend declared on August 5 Requited Red Required - X kplanations are not required.) Da Jud 1. Journalize the declaration and distribution of the stock dividend 2. Journalize the declaration and payment of the cash dividend 3. Prepare the shareholders' equity section of the balance sheet on August 5, 2020. Print Done Requirement 3. Prepare the shareholders' equity section of the balance sheet on August 5, 2020 Southern Travel Ltd. Balance Shoot (partial) August 5, 2020 Shareholders' Equity Contributed Capital Total contributed capital shares issued Total shareholders' equity