Question: Ch 15: Homework Question 7 of 12 -/1 E Current Attempt in Progress The stockholders' equity accounts of Larkspur Company have the following balances on

Ch 15: Homework Question 7 of 12 -/1 E Current Attempt in Progress The stockholders' equity accounts of Larkspur Company have the following balances on December 31, 2020, Common stock, $10 par, 274,000 shares issued and outstanding $2,740,000 Paid-in capital in excess of par-common stock 1.230,000 Retained earnings 6,160,000 Shares of Larkspur Company stock are currently selling on the Midwest Stock Exchange at $38. Prepare the appropriate journal entries for each of the following cases. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts.) (a) Astock dividend of 7% is (1) declared and (2) issued. (b) A stock dividend of 100% is (1) declared and (2) issued. (c) A 2-for-1 stock split is (1) declared and (2) issued. No. Account Titles and Explanation Debit Credit (a) (1) (a) (2) MacBook Air DOO 11 FI F3 @ # 3 . $ 4 % 5 & 7 2 6 8 Ch 15: Homework Question 7 of 12 -/1 No. Account Titles and Explanation Debit Credit (a) (1) (a) (2) (b) (1) (b) (2) Ic) (1) (c) (2) e Textbook and Media List of Accounts MacBook Air BO F3 F FS i 97 18 A & * # 3 $ 4 % 5 2 6 7 8 9 Q Q W E T Y
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