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was $138 a share. Advanced Life Co. reported no income or loss for the current year. a1. Journalize the entry to record the declaration of

image text in transcribed was $138 a share. Advanced Life Co. reported no income or loss for the current year. a1. Journalize the entry to record the declaration of the dividend, capitalizing an amount equal to market value. If an amount box does not require an entry, leave it blank. a2. Journalize the entry to record the issuance of the stock certificates. If an amount box does not require an entry, leave it blank. b. Determine the following amounts before the stock dividend was declared: (1) total paid-in capital, (2) total retained earnings, and (3) total stockholders' equity. equity. 3 more Check My Work uses remaining. Assignment Score: 0.0%

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