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Question 11 (5 points) On January 1, 2019, Frederick Corporation had 200,000 shares of common stock outstanding with a par value of $5 per share.
Question 11 (5 points) On January 1, 2019, Frederick Corporation had 200,000 shares of common stock outstanding with a par value of $5 per share. On March 31, Frederick Corporation authorized a 10% stock dividend when the market value was $18 per share. Use this information to prepare the General Journal entry (without explanation) for March 31. If no entry is required then write "No Entry Required." D oo - Format - BI U - ... General Journal: Date Accounts Debit Credit A Ea ha Question 12 (5 points) The following are selected accounts for the Wicomico Company after all Fiscal Year December 31, 2018, adjusting entries & closing entries have been posted. All balances are normal. Account Amount Common Stock, $10 par $260,000 Treasury Stock, at cost $16 per share 32.000 Dividends Payable 13,000 Paid in Capital in excess of par, Common Stock 52,000 Accounts Receivable 24,500 Retained Earnings 217,000 Bonds Payable 150,000 Preferred Stock, $100 par, 4% cumulative 100,000 Prepare only the Stockholder's Equity section of the Classified Balance Sheet for the year end. Be sure to use a good format, dollar signs and single underlines were required. There are a few extra lines in the formatted input answer form to allow for acceptable balance sheet format variations
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