Question: Homework: Chapter 13 - GRADED Problems Score: 0 of 5 pts E13-30 (similar to) 42 of 40 complete) - Gave HW Score: 0%, 0
Homework: Chapter 13 - GRADED Problems Score: 0 of 5 pts E13-30 (similar to) 42 of 40 complete) - Gave HW Score: 0%, 0 of 30 pts Question Help Martial Arts Schools, Inc is authorized to issue 200.000 shares of $1 par common stock. The company issued 78,000 shares at $5 per share. When the market price of common stock was $8 per share, Mart Arts Schools dedirt and distituted a 15% stock dividend. Later Martial Arts Schools declared and paid a $0.60 per share cash dividend Read the aut Requirement 1. Joumalize the declaration and the distribution of the stock dividend. (Record debts first, then credits Select the explanation on the last time of the journal entry table. Ts, joumalize the declaration of the stock dividend Date Accounts and Explanation Cash Cash Dividends Common Sock-$1 Par V Common Stock Dividend Diabuble Dinds Payabis-Common Part-In Capital S n Treasury Stick Transactions Pain Capital in Excess of Par Common Real Earings Dividends Trasury Stock-Cym Debl Credit Choose from any list or enter any number in the input fields and then click Check Answer 3 maining Requirements 1. Jumala the declaration and the distribution of the stock dividend 2. Joumaire the declaration and payment of the cash dividend Pri Done Clear Al Check Anwar
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