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QS 11-7 Accounting for small stock dividends LO P2 Epic Inc. has 11,400 shares of $2 par value common stock outstanding. Eplc declares a 19%

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QS 11-7 Accounting for small stock dividends LO P2 Epic Inc. has 11,400 shares of $2 par value common stock outstanding. Eplc declares a 19% stock dividend on July 1 when the stock's market value is $22 per share. The stock dividend is distributed on July 20. Prepare Journal entries for (8) declaration and (b) distribution of the stock dividend. View transaction list Journal entry worksheet 1 2 > Record the declaration of a 19% stock dividend, Tickets before credits General Journal Onte July 01 Debit Credit Record entry Clear entry View general journal

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