The stockholders' equity for Dunelit, Inc., on December 31, 2017, follows: (Click the icon to view the stockholders' equity on December 31, 2017.) On March 31, 2018, the market price of Dunelit's common stock was ( $ 14 ) per share and the company distributed a 10 percent stock dividend. Read the requirements. Requirement 1. Journalize the distribution of the stock dividend. (Record debits first, then credits. Exclude explanations from any journal entries.) Requirement 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend. (Enter the accounts and labels in the proper order for the stockholders' equity section of the balance sheet.)

The stockholders' equity for Dunelit, Inc., on December 31, 2017, follows: (Click the icon to view the stocikholders' equity on December 31, 2017.) On March 31, 2018, the market price of Dunelit's common stock was $14 per share and the company distributed a 10 percent stock dividend. Read the requirements. Requirement 1. Joumalize the distribution of the stock dividend. (Record debits first, then crecits. Exclude explanations from any journal entries.) Requirement 2. Prepare the stockholders' equily section of the balance sheet after the stock dividend. (Enter the accounts and labels in the proper order for the stockholders' equily section of the balance sheet.) The stockholders' equity for Dunelit, Inc., on December 31, 2017, follows: (Click the icon to view the stocikholders' equity on December 31, 2017.) On March 31, 2018, the market price of Dunelit's common stock was $14 per share and the company distributed a 10 percent stock dividend. Read the requirements. Requirement 1. Joumalize the distribution of the stock dividend. (Record debits first, then crecits. Exclude explanations from any journal entries.) Requirement 2. Prepare the stockholders' equily section of the balance sheet after the stock dividend. (Enter the accounts and labels in the proper order for the stockholders' equily section of the balance sheet.)