Arcus Development Inc.'s equity section on the December 31, 2022, balance sheet showed the following informat...

 

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Arcus Development Inc.'s equity section on the December 31, 2022, balance sheet showed the following informat Common shares, unlimited shares authorized, 220,000 shares issued and outstanding Retained earnings $3,432,000 562,500 On January 15, 2023, the company's board of directors declared a 5% share dividend to the shareholders of recor January 20 to be distributed on January 30. The market prices of the shares on January 15, 20, and 30 were $18.6 and $17.60, respectively. Required: 1. Prepare the required entries for January 15, 20, and 30. Assume share dividends account is used when dividend! declared. (If no entry is required for a transaction/event, select "No journal entry required" in the first account fi Arcus Development Inc.'s equity section on the December 31, 2022, balance sheet showed the following informat Common shares, unlimited shares authorized, 220,000 shares issued and outstanding Retained earnings $3,432,000 562,500 On January 15, 2023, the company's board of directors declared a 5% share dividend to the shareholders of recor January 20 to be distributed on January 30. The market prices of the shares on January 15, 20, and 30 were $18.6 and $17.60, respectively. Required: 1. Prepare the required entries for January 15, 20, and 30. Assume share dividends account is used when dividend! declared. (If no entry is required for a transaction/event, select "No journal entry required" in the first account fi