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Please read question properly Juno Corporation's stockholders' equity section at December 31, 2016 appears below: Stockholder's equity Paid-in capital Common stock, $10 par, 60,000 outstanding

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Juno Corporation's stockholders' equity section at December 31, 2016 appears below: Stockholder's equity Paid-in capital Common stock, $10 par, 60,000 outstanding Paid-in capital in excess of par Total paid in capital Retained earnings Total stockholder's equity 5600,000 150,000 $750,000 150,000 $900,000 On June 30, 2017, the board of directors of Juno Corporation declared on June 30, 2017, was $15. 20% stock dividend, payable on July 31, 2017, to stockholders of record on July 15, 2017. The fair value of Juno Corporation's stock On December 1, 2017, the board of directors declared a 2 for 1 stock split effective December 15, 2017. Juno Corporation's stock was selling for $20 on December 1, 2017, before the stock split was declared. Par value of the stock was adjusted. Net income for 2017 was $190,000 and there were no cash dividends declared. Question 6 Prepare the journal entries on the appropriate dates to record the stock dividend and the stock split. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Debit Credit Date Account Titles and Explanation 6/30/17 7/15/17 7/31/17 12/1/17 12/15/17 Juno Corporation's stockholders' equity section at December 31, 2016 appears below: Stockholder's equity Dald-in capital Common stock, $10 par, 60,000 outstanding $600,000 Pald-in capital in excess of par 150,000 Total paid in capital $750,000 Retained earnings 150,000 Total stockholder's equity $900,000 On June 30, 2017, the board of directors of Juno Corporation declared a 20% stock dividend payable on July 31, 2017, to stockholders of record on July 15, 2017. The fair value of Juna Corporation's stock on June 30, 2017, was $15 On December 1, 2017, the board of directors declared a 2 for 1 stock split effective December 15, 2017. Juno Corporation's stock was selling for 120 on December 1, 2017, before the stock spits declared. Par value of the stock was adjusted. Net income for 2017 was $190,000 and there were no cash dividends declared. Question 6 Prepare the journal entries on the appropriate dates to record the stock dividend and the stock split. (Credit accountries are automatically indented when the amount is entre set indent manually. If no entry is required, select "Ne Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit 6/30/17 7/15/17

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