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Question 4 of 4 - / 100 View Police Current Attempt in Progress Sealand Company has 110.000 common shares outstanding because it wants to retain

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Question 4 of 4 - / 100 View Police Current Attempt in Progress Sealand Company has 110.000 common shares outstanding because it wants to retain its cash for other purposes, the compar decided to be stock dividends to its shareholders. The market price of each Sesland Company share was $24. Prepare the journal entries if the company decides to declare and issue a 10% stock dividend Credit account titles are automatically Indented when the amount is entered Do not indent manually no entry is required, select "No Entry for the account titles and enter for the amounts) Debit Credit Account and explanation When declared: When issued: Question 4 of 4 / 100 LES PLANTES Question Part Score -70 Prepare the journal entry it instead of declaring the stock dividend the company decides to split its shares two-for-cre. 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 for the amounts: Account and explanation Debit Credit e Textbook and Media List of Accounts Question Part Score --/30

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