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Your answer is correct. Prepare the journal entries on the appropriate cates to record the stock dividend and the stock split. (Credit account titles are
Your answer is correct. Prepare the journal entries on the appropriate cates to record the stock dividend and the stock split. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order in which they must have occurred.) Account Titles and Explanation Debit Credit Stock Dividends 146400 Common Stock Dividends Distributable 91500 Pold-in Capital In Excess of Par Value-Common Stock 54900 > No Entry No Entry TOUT Common Stock Dividends Distributable 91900 Common Stock 91500 No Entry No Entry No Entry No Entry e Textbook and Media Solution List of Accounts Attempts: 3 of 3 used (b) Fill in the amount that would appear in the stockholders' equity section for Tamarisk, Inc. at December 31, 2020, for the following items: 1. Common stock S 915000 2. Number of shares outstanding 3. Par value par share S Paid-in capital in excess of par S 5. Retained earnings S Total stockholders' equity S Your answer is correct. Prepare the journal entries on the appropriate cates to record the stock dividend and the stock split. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order in which they must have occurred.) Account Titles and Explanation Debit Credit Stock Dividends 146400 Common Stock Dividends Distributable 91500 Pold-in Capital In Excess of Par Value-Common Stock 54900 > No Entry No Entry TOUT Common Stock Dividends Distributable 91900 Common Stock 91500 No Entry No Entry No Entry No Entry e Textbook and Media Solution List of Accounts Attempts: 3 of 3 used (b) Fill in the amount that would appear in the stockholders' equity section for Tamarisk, Inc. at December 31, 2020, for the following items: 1. Common stock S 915000 2. Number of shares outstanding 3. Par value par share S Paid-in capital in excess of par S 5. Retained earnings S Total stockholders' equity S
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