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The stockholdenegaty for eville, Iron December 31, 2017, follo (Click the icon to view the stockholdersity on December 31, 2017) On August 31, 2018 the

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The stockholdenegaty for eville, Iron December 31, 2017, follo (Click the icon to view the stockholdersity on December 31, 2017) On August 31, 2018 the market price of Lakeville's common stock was $22 per share and the company datitude 10 percent stock dividere Read the Requirement 1. Jourze the trution of the stock dividend (Record debts first the credits Explanation from you) Journal Entry Date Accounts Debit Credit Aug 31 Requirement 2. Prepare the stockholdesty section of the balance sheet at the stock dividend the code for the actor Stockholders' Equity Pudinca - X Data table Stockholders' Equity Paid-in capital: Common stock, $1 par 900,000 shares authorized, 60 000 issued and outstanding EA $ 60.000 600,000 Paid-in capital in excess of par-common Total paid in capital 660,000 360,000 Retained earnings $ 1,020,000 Total stockholders' equity Print Done

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