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The stockholders' equity accounts of Sheridan Company have the following balances on December 31, 2025. Common stock, $10 par, 290,000 shares issued and outstanding Paid-in

The stockholders' equity accounts of Sheridan Company have the following balances on December 31, 2025. Common stock, $10 par, 290,000 shares issued and outstanding Paid-in capital in excess of par-common stock Retained earnings b. C Shares of Sheridan Company stock are currently selling on the Midwest Stock Exchange at $36. Prepare the appropriate journal entries for each of the following cases. (List all debit entries before credit entries. Credit account title automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account title. enter o for the amounts.) A stock dividend of 7% is (1) declared and (2) issued. A stock dividend of 100% is (1) declared and (2) issued. A2-for-1 stock split is (1) declared and (2) issued. No. Account Titles and Explanation $2,900,000 a. (1) 1,120,000 5,110,000 Debit Credit
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The stockholders' equity accounts of Sheridan Company have the following balances on December 31, 2025. Shares of Sheridan Company stock are currently selling on the Midwest Stock Exchange at $36. Prepare the appropriate journal entries for each of the following cases. (Ulst oll debit entries before credit entries, Credit account outomatically indented when the omount is entered. Do not indent manually. II no entry is required, select "No Entry" for the account tit enter 0 for the amounts.) A. A stock dividend of 7% is (1) declared and (2) issued. b. Astock dividend of 2005 is (1) declared and (2) issued. c. A 2-for-1 stock split is (2) declared and (2) issued

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