Recording Stock Dividends and Stock Splits The records of Dixie Corporation showed the following balances on November 1,2020. The fair value of its stock is $18 per share. Accounting for Stock Dividends Prepare journal entries for the following three separate scenarios. a. The company declares (November 1, 2020) and issues (November 20, 2020) a 10\% stock dividend. cash. c. The company declares (November 1, 2020) and issues (November 20, 2020) a stock split effected in the form of a 100\% stock dividend. - Note: List multiple debits (when applicable) in alphabetical order and list multiple credits (when applicable) in alphabetical order. - Note: If a journal entry isn't required for the transaction, select "N/A" as the account names and leave the Dr. and Cr. answers blank (zero)