Stockholders' Equity Paid-in capital: Common stock, $1 par, 600,000 shares authorized, 50,000 issued and outstanding es.) 50,000 100,000 Paid-in capital in excess of par-common Total paid in capital 150,000 290,000 Retained earnings 6 440,000 Total stockholders' equity The stockholders equity for Seaside, Inc., on December 31, 2017, follows (Click the icon to view the stockholders equity on December 31, 2017.) On August 31, 2018, the market price of Seaside's common stock was $11 per share and the company distributed a 20 percent stock dividend. Read the requirements Requirement 1. Journalize the distribution of the stock dividend. (Record debits first, then credits. Exclude explanations from any journal entries) Journal Entry Accounts Debit Credit Date Aug 31 Choose from any list or enter any number in the input fields and then click Check Answer CA Clear All Journal Entry Accounts Debit Credit Cash Common stock Paid-in capital in excess of par-common any | Retained earnings h click Check Answers