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The stockholders' equity accounts of Monty Company have the following balances on December 31, 2020 . Shares of Monty Company stock are currently selling on

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The stockholders' equity accounts of Monty Company have the following balances on December 31, 2020 . Shares of Monty Company stock are currently selling on the Midwest Stock Exchange at $39. 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 Ofor the amounts.) (a) A stock dividend of 7% 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)

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