Question: Chapter 12 Homework n Calculator Sock * Show Me How Entries for Stock Dividends 1. EX.12-03.Guided Algo 2. EX.12-04.Guided Algo Healthy Life Co. is an

 Chapter 12 Homework n Calculator Sock * Show Me How Entries

Chapter 12 Homework n Calculator Sock * Show Me How Entries for Stock Dividends 1. EX.12-03.Guided Algo 2. EX.12-04.Guided Algo Healthy Life Co. is an HMO for businesses in the Fresno area. The following account balances appear on Healthy life's balance sheet! Common stock (340,000 shares authorized : 3,000 shares issued), $50 par, $150.000; Paid-In Capital in excess of par- common stock, $30,000; and Retained earnings, $1,350,000. The board of directors declared a 1% stock dividend when the market price of the stock was $69 a share. Healthy Life reported no income or loss for the current year. If an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required from the dropdown. 3. EX.12-05.Guided Algo 4. EX.12-08. Guided Algo al. Journalize the entry to record the declaration of the dividend, capitalizing an amount equal to market value. 5. EX 12-09.Guided Algo 6. EX.12-10 Guide Algo 7. EX.12-11.Algo a2. Journalize the entry to record the issuance of the stock certificates 8. EX.12-14.Guided Algo 9. PR.12-01. Algo b. Determine the following amounts before the stock dividend was declared: (1) total peid-in capital. (2) total retained earnings, and (3) total stockholders' equity. Total paid-in capital Total retained earnings Total stockholders' equity c. Determine the following amounts after the stock dividend ves declared and closing entries were recorded at the end of the year: (1) total paid in capital, (2) total retained earnings. and (3) total stockholders' equity. Total paid-in capital Total retained earnings | Total stockholders' equity Progress: 619 items Check My Work Assignment Score: 0.0% Save and Ext Submit Assignment for Grading > all R . 5/4/2018 EN

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