!!! Apps Home - Intranet 6 CHAPTER 14 ASSIGNMENT -/1 > Question 44 of 50 Juno Corporation's stockholders' equity section at December 31, 2019 appears below: $600,000 Stockholder's equity Paid-in capital Common stock, $10 par, 60,000 outstanding Paid-in capital in excess of par Total paid-in capital Retained earnings Total stockholder's equity 150,000 $750,000 150,000 $900,000 On June 30, 2020, the board of directors of Juno Corporation declared a 20% stock dividend, payable on July 31, 2020, to stockholders of record on July 15, 2020. The fair value of Juno Corporation's stock on June 30, 2020, was $15. On December 1, 2020, the board of directors declared a 2 for 1 stock split effective December 15, 2020. Juno Corporation's stock was selling for $20 on December 1, 2020, before the stock split was declared. Par value of the stock was adjusted. Net income for 2020 was $190,000 and there were no cash dividends declared. He x] w] v 1 L8 OM 6 CHAPTER 14 ASSIGNMENT -/1 Question 44 of 50 Prepare the journal entries on the appropriate dates 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.) Date Account Titles and Explanation Debit Credit 6/30/20 7/15/20 7/31/20 12/1/20 wi V D L3 OM O hp 6 CHAPTER 14 ASSIGNMENT -/1 Question 44 of 50 Prepare the journal entries on the appropriate dates 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.) Date Account Titles and Explanation Debit Credit 6/30/20 7/15/20 7/31/20 12/1/20 wi V D L3 OM O hp