Before preparing financial statements for the current year, the chief accountant for Toso Company discovered the following errors in the accounts.

1. The declaration and payment of $46,500 cash dividend was recorded as a debit to Interest Expense $46,500 and credit to Cash $46,500

2. A 10% stock dividend (1,500 shares) was declared on the $10 par value stock when the market price per share was $18. The only entry made was Stock Dividends (Dr.) $15,000 and Dividend Payable (Cr.) $15,000. The shares have not been issued.

3. A 4-for-1 stock split involving the issue of 353,000 shares of $5 par value common stock for 88,250 shares of $20 par value common stock was recorded as a debit to Retained Earnings $1,765,000 and a credit to Common Stock $1,765,000.

Prepare the correcting entries at December 31.

1. Dec. 31

2. Dec. 31

3. Dec. 31