Question: please assist our study group with solutions for this problem regarding journal entries and stock dividend CP 11-12 (Appendix 1) The stockholders' equity section of

please assist our study group with solutions for this problem regarding journal entries and stock dividend

CP 11-12 (Appendix 1) The stockholders' equity section of Lakeview Homes Corporation's balance sheet at December 31,2019 is reproduced below: On January 15, 2019, Lakeview Homes declared a 10 per cent stock dividend to holders of common stock. At this date, shares of the common stock of the corporation were trading on the stock exchange at \$10 each. The stock dividend was issued February 15, 2019 Required: Prepare the journal entries to record the stockdividend

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