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S13-10 please show your work HW Score: 0%, 0 of 10 pts S13-10 (similar to) Question Help Yummy, Inc. had 310,000 shares of $3 par
S13-10 please show your work HW Score: 0%, 0 of 10 pts S13-10 (similar to) Question Help Yummy, Inc. had 310,000 shares of $3 par value common stock issued and outstanding as of August 15, 2018. The company is authorized to issue 900,000 common shares. On August 15, 2018, Yummy declared a 35% stock dividend when the market value for Yummy's common stock was 37 per share. The stock was issued on Aug. 30. Read the requirements Requirement 1. Journalize the declaration and distribution of the stock dividend. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Start by journalizing the declaration of the stock dividend. Date Accounts and Explanation Debit Credit Aug. 15 Requirements 1. Journalize the declaration and distribution of the stock dividend. 2. How many shares of common stock are outstanding after the dividend? Print Done Choose from any list or enter any number in the input fields and then click Check Answer parts Check Answer 2 remaining Clear All
S13-10 please show your work
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