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Problem 2: Stock Dividends Husky Co. Shareholders' Equity as of 12/1/2019 Common Stock, $1 par value, 10,000 shares outstanding Additional Paid in Capital Retained Eamings
Problem 2: Stock Dividends Husky Co. Shareholders' Equity as of 12/1/2019 Common Stock, $1 par value, 10,000 shares outstanding Additional Paid in Capital Retained Eamings Total Shareholders' Equity 10,000 490,000 250,000 750,000 1. On 12/2/2019, Husky Co. declared a stock dividend of 15%. The price of Husky Co's shares on 12/2/19 was $70. Record the entry for the stock dividend. 2. Ignore #1. On 12/2/2019, Husky Co. declared a stock dividend of 35%. The price of Husky Co's shares on 12/2/19 was $70. Record the entry for the stock dividend
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