The equity accounts of Lawrence Group have the following balances on December 31, 2022.

Share Capital—Ordinary, €10 par, 200,000 shares issued and outstanding .............. €2,000,000
Share Premium—Ordinary ................................................................................................... 1,200,000
Retained Earnings ..................................................................................................................  5,600,000

Shares of Lawrence Group are currently selling at €37.

Instructions

Prepare the appropriate journal entries for each of the following cases.

a. A share dividend of 5% is declared and issued.

b. A share dividend of 100% is declared and issued.

c. A 2-for-1 share split is declared and issued.