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The stockholders' equity section of the Worthy Company's balance sheet as of January 1, 2010, appeared as follows: The company declared and distributed a 10%

The stockholders' equity section of the Worthy Company's balance sheet as of January 1, 2010, appeared as follows: The company declared and distributed a 10% stock dividend to common stockholder's on January 30,2010 when the stock was selling for $30 per share. Required: a. Record this transaction in general journal form. b. Develop the stockholders' equity section of the balance sheet after the stock dividend was issued. c. What effect did these transactions have on total stockholders' equity

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