The stockholders' equity accounts of Blossom Company have the following balances on December $31,2020.$

Common stock, $$10$ par, $323,000$ shares issued and outstanding $$3,230,000$

Paid$-$in capital in excess of par$-$common stock $$1,250,000$

Retained earnings $$5,590,000$

Shares of Blossom Company stock are currently selling on the Midwest Stock Exchange at $$38.$

Prepare the appropriate journal entries for each of the following cases. $($Credit account titles are automatically indented when amount is

entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

$($a$)$ A stock dividend of $5\%$ is $(1)$ declared and $(2)$ issued.

$($b$)$ A stock dividend of $100\%$ is $(1)$ declared and $(2)$ issued.

$($c$)$ A $2-$for$-1$ stock split is $(1)$ declared and $(2)$ issued.

No$.$ Account Titles and Explanation

Debit

Credit

$($a$)(1)$

$($a$)(2)$

$($b$)(1)$

$($b$)(2)$

$(c)(1)$

$(c)(2)$

Here are the label to the problem:

Bonds Payable

Buildings

Cash

Cammon Stock

Cammon Stock Dividend Distributable

Debt Investments

Dividends Payable

Discount on Bonds Payable

Equipment

Equity Invastmants

Income Summary

Land

Legal Fees Expense

No Entry

Organization Expense

Paid$-$in Capital from Treasury Stock

Paid$-$in Capital in Excess of Par $-$ Common Stock

Paid$-$in Capital in Excess of Par $-$ Preferred Stock

Paid$-$in Capital in Excess of Stated Value $-$ Common Stock

Preferred Stock

Property Dividends Payable

Retained Earnings

Retained Earnings Appropriated for Plant Expansion

Share Capital$-$Ordinary

Share Capital$-$Preference

Share Premium$-$Conversion Equity

Share Premium$-$Ordinary

Share Premium$-$Preference

Treasury Stock

Unamortized Bond Issue Costs

Unrealized Holding Gain or Loss $-$ Income