Supreme Water Sports has 12,000 shares of $3 par value common stock outstanding. Supreme distributes a 15% stock dividend when the market value of its stock is $18 per share Read the requiremegts. Requirement 1. Journalize Supreme's declaration of the stock dividend on September 15 and distribution on September 30. (Record debits first, then credits. Select the explanation on the last line of the journal entry table) Start by journalizing the declaration of 1 0 Requirements Date Sep. 15 1. Journalize Supreme's declaration of the stock dividend on September 15 ano distribution on September 30. 2. What is the overall effect of the stock dividend on Supreme's total assets? 3. What is the overall effect on total stockholders' equity? Now journalize the distribution of the Print Done Date Choose from any list or enter any number in the input fields and then continue to the next stinn Supreme Water Sports has 12,000 shares of $3 par value common stock outstanding. Supreme distributes a 15% stock dividend when the market value of its stock is $18 per share. Read the requirements Requirement 1. Journalize Supreme's declaration of the stock dividend on September 15 and distribution on September 30. (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 on September 15. Date Accounts and Explanation Sep 15 Debit Now journalize the distribution of the stock dividend on September 30, Date Accounts and Explanation Choose from any list or enter any number in the input fields and then continue to the next question Supreme Water Sports has 12,000 shares of $3 par value common stock outstanding. Supreme distributes a 15% stock dividend when the market value of its stock is $18 per share. Read the requirements Now journalize the distribution of the stock dividend on September 30. Date Accounts and Explanation Debit Credit Sep. 31 Requirement 2. What is the overall effect of the stock dividend on Supreme's total The stock dividends have on total assets. Requirement 3. What is the overall effect on total stockholders' equity? The stock dividends have on total stockholders' equity. 2 pts