The balance sheet of Patrick Management Consulting, Inc. at December 31, 2017, reported the following stockholders' equity: (Click the icon to view the stockholders' equity section of the balance sheet.) During 2018, Patrick completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Feb. 6: Declared a 15% stock dividend on the common stock. The market value of Patrick's stock was $26 per share. Date Feb. 6 Accounts and Explanation Feb. 15: Distributed the stock dividend. Date Feb. 15 Debit Credit Data table Stockholders' Equity Paid-In Capital: Common Stock-$10 Par Value; 250,000 shares authorized, 30,000 shares issued and outstanding 300,000 390,000 Paid-In Capital in Excess of Par-Common Accounts and Explanation Debit Credit Total Paid-In Capital 690,000 165,000 Retained Earnings 855,000 Jul. 29: Purchased 2,400 shares of treasury stock at $26 per share. Date Jul. 29 Accounts and Explanation Debit Credit Nov. 27: Declared a $0.20 per share cash dividend on the common stock outstanding. (Round your answers to the ne Date Accounts and Explanation Debit Credit Nov. 27 Total Stockholders' Equity More info Declared a 15% stock dividend on common stock. The market value of Patrick's stock was $26 per share. Feb. 6 Feb. 15 Distributed the stock dividend. Jul. 29 Nov. 27 Purchased 2,400 shares of treasury stock at $26 per share. Declared a $0.20 per share cash dividend on the common stock outstanding. Print Done