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S On October 30, 2017, Antisdale Corporation's common stock is priced at $65 per share before any dividend or split, and the stockholders' equity section
S On October 30, 2017, Antisdale Corporation's common stock is priced at $65 per share before any dividend or split, and the stockholders' equity section of its balance sheet appears as follows: Common stock - $15 par value, 300,000 shares authorized, 125,000 issued and outstanding 1,875,000 Paid-in capital in excess of par value, common stock 875,000 Retained earnings 2,150,000 Total stockholders' equity $ 4,900,000 Assume that the company declares and immediately issues a 50% stock dividend. Record the journal entry for stock dividend. b What is the ending value in the following accounts: Paid-in capital in excess of par, and retained earnings? Date Account Titles Debit Credit a
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