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Waveside Water Spots has 10,000 shares of $3 par value common stock outstanting. Waveside distributes a 15% stock dividend when the market value of its

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Waveside Water Spots has 10,000 shares of $3 par value common stock outstanting. Waveside distributes a 15% stock dividend when the market value of its stock is $20 per share Read the requirements: Requirements Requirement 1 line of the joum Start by joumali. 1. Joumalize Waveside's declaration of the stock dividend on May 15 and distribution on May 31. 2. What is the averall effect of the stock dividend on Waveside's total assets? 3. What is the overall effect on total stockholders' equity

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