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The stockholders' equity for Seabury, Inc., on December 31, 2015, follows: B(Click the icon to view the stockholdes' equity on December 31, 2015.) On Apri

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The stockholders' equity for Seabury, Inc., on December 31, 2015, follows: B(Click the icon to view the stockholdes' equity on December 31, 2015.) On Apri 30, 2016, the market price of Seabury's common stock was $10 per share and the company distributed a 20 percent stock dividend. Read the requirements Requirement 1. Joumalize the distribution of the stock dividend. (Record debits frst, then credits. xclude explanations from any journal entries.) Journal Entry Accounts Date Debit Credit Apr 30 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) Stockholders' Equity Paid-in capital 35 The stockholders' equity for Seabury, Inc., on December 31, 2015, follows EB (Click the icon to view the stockholders' equity on Deoember 31, 2015.) On April 30, 2016, the market price of Seabury's common stock was $10 per share and the company distributed a 20 percent stook dividend Read the requirements. 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.) Stockholders' Equity Paid-in capital i Data Table Stockholders' Equity Paid-in capital: ant Common stock, $1 par, 250,000 shares authorized, 110,000 issued and outstanding Paid-in capital in excess of par-common S110,000 330,000 440,000 360,000 $800,000 Total paid in capital Retained earnings Total stockholders' equity Print Done Requirements 1 1. Journalize the declaration and distribution of the stock dividend. 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend. Print Done

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