Question: Need help with this journal entry question On September 1, the board of directors of Colorado Outfitters, Incorporated, declares and issues a stock dividend on

Need help with this journal entry question

Need help with this journal entry question On September 1, the board

of directors of Colorado Outfitters, Incorporated, declares and issues a stock dividend

on its 11,000, $2 par, common shares. The market price of the

On September 1, the board of directors of Colorado Outfitters, Incorporated, declares and issues a stock dividend on its 11,000, $2 par, common shares. The market price of the common stock is $31 on this date. Required: 1.2. & 3. Record the necessary journal entries assuming a small (10%) stock dividend, a large (100%) stock dividend, and a 2-for-1 stock split. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the stock dividend assuming a large (100%) stock dividend. Note: Enter debits before credits. Date General Journal Debit Credit September 01 Record entry Clear entry View general journal Required: 1.2. & 3. Record the necessary journal entries assuming a small (10%) stock dividend, a large (100%) stock dividend, and a 2-for-1 stock split. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet

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