Refer to E11-12. Prepare the journal entry to record (a) the small 12 percent stock dividend and,…

Refer to E11-12. Prepare the journal entry to record (a) the small 12 percent stock dividend and, alternatively, (b) the large 100 percent stock dividend mentioned in requirement 2 of E11-12. Refer E11-12 Common stock (par $10; authorized 60,000 shares, outstanding 25,000 shares).. $250,000 Additional paid-in capital………………………………………………………….. 12,000 Retained earnings………………………………………………………………….. 75,000 View Solution:
Refer to E11 12 Prepare the journal entry to record a

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