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Question 2 of 3 - 12 On December 31, 2020. Talbot Corporation's common shares had a market price of $20 per share before any stock
Question 2 of 3 - 12 On December 31, 2020. Talbot Corporation's common shares had a market price of $20 per share before any stock dividendo and the shareholders' equity section of the balance sheet appeared as follows: $797.600 Common shares: unlimited shares authorized, 43.000 shares issued and outstanding Retained earnings Total shareholders' equity 1.510,000 $2.307,600 On December 31, 2020, the board of directors of Talbot Corporation declared a 20% stock dividend. On January 15, 2021. Che rew shares were issued (a) Prepare the journal entries to record the stock dividend. (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 tities and enter for the amounts) SIM AD 4 Question 2 of 3 -12 Prepare the journal entries to record the stock dividend. (Credit account is one outomatically indented when the mouth entered. Do not indent manually. If no entry is required, select "No entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit 2020 2021 DEN IM 2012-11
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