Part of
Points: of
The stockholders' equity of Shorewood Occupational Therapy, Inc. on December follows:
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Requirement Journalize the declaration and distribution of the stock dividend. Record debits first, the First, journalize the declaration of the stock dividend.
Requirements
Data table
Journalize the declaration and distribution of the stock dividend.
Prepare the stockholders' equity section of the balance sheet as of May Assume Retained Earnings are $ on April before the stock dividend, and the only change made to Retained Earnings before preparing the balance sheet was closing the Stock Dividends account.
tableStockholders EquityPaidIn Capital:,,tableCommon Stock $ Par Value; sharesauthorized shares issued and outstanding$
