SE$8$: Prepare the journal entries necessary to record Dao Company's following stock transactiots during $2014$ :

Oct. $1$ Purchased $2,000$ shares of its own $$2$ par value common stock for $$20$ per share, the current market price.

$17$ Sold $500$ shares of treasury stock purchased on October $1$ for $$25$ per share.

$21$ Sold $800$ shares of treasury stock purchased on October $1$ for $$18$ per share.

Stock Dividends $.$

SE$11.$ On February $15,$ Mite Corporation's board of directors declared a $2$ percent stock dividend applicable to the outstanding shares of its $$10$ par value common, stock, of which $400,000$ 'spares arre authorized, $260,000$ are issued, and $40,000$ are held in the treasiry: 'The stock dividend was distributed on March $15$ to stockholders of record on March $1,$ On Aebruary $15,$ the market value of the common stock was $$15$ per share. On March $30,$ the boand of directors declared a $$0\mathrm{.}50$ per share cash dividend. No other stock transactions have occurred. Pxepare journal entries to record, as necessary, the transactions of February. $15,$ March $1,$ March $15,$ and March $30.\text{'}$

Stock Split

SE$12.$ On August $10,2014,$ Geller, Inc's board: of directors declared a $3-$for$-1$ stock split of its $$9$ par value common stock, of which $400,000$ shares were authorized and $125,000$ were issued and outstanding. The market value on that date was $$60$ per share. On the same date, the balance of additional paid$-$in capital was $$3,000,000,$ and the balance of retained earnings was $$3,250,000.$ Prepare the stockholders' equity section of the company's balance sheet after the stock split. What entry, if any, is needed to record the stock split?

Effects of Stockholders' Equity Actions

SE$13.$ Tell whether each of the following actions will increase, decrease, or have no effect on total assets, total liabilities, and total'stockholders' equity:

Declaration of a stock dividend

Declaration of a cash dividend

Stock$-$split.

Purchase of treasury stock