Question: can someone please help with this? E15-15 (Dividend Entries) The following data were taken from the balance sheet accouns of Masefieid Corporation on December 31
E15-15 (Dividend Entries) The following data were taken from the balance sheet accouns of Masefieid Corporation on December 31 2013 9824,000 $500,000 ommon stock Retained earnings Prepare the required journal entries for the following unrelated items (a) A value of the shares is stock dividend is declared and distributed at a time when the market $39 per share. ormula Account Title Title Amount (b) The par value of the capital stock is reduced to 2 with a 5-for-1 stock split Text entry as appropriate. (c) A dividend is declared January 5, 2014, and paid January 25, 2014, in bonds held as an investment The bonds have a book value of $100,000 and a fair value of $135,000 Amou Jan 05, 14 Account Title Jan 05, 14 Account Title t Title Jan 25, 14 Account Title Account Title
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