Question: !!!!PLEASE DONT ANSWER UNLESS YOU DO ALL OF IT PLEASE THANK YOU See Stock Dividend Daily Activity & Example 10.1 & 10.4 Children's Shepard Ltd,

!!!!PLEASE DONT ANSWER UNLESS YOU DO ALL OF IT PLEASE THANK YOU
!!!!PLEASE DONT ANSWER UNLESS YOU DO ALL OF IT PLEASE THANK YOU

See Stock Dividend Daily Activity & Example 10.1 & 10.4 Children's Shepard Ltd, is a service corporation that has been in business for 6 years. The equity portion of the balance sheet as of 12-31-18 is: Stockholders' Equity 12-31-18 Common stock - $20 par value, 100,000 shares authorized, 16,600 shares issued, and 14,800 shares outstanding. Additional paid-in capital - Common stock Retained earnings $ 332,000 132.800 183,400 148.200 -50,400 597,800 Less: Treasury Stock Total Stockholders' Equity July 1, 2019, the company issued 1.200 shares for $33.600, October 1, 2019 the company declared a 10% stock dividend. The stock is currently trading at $30 per share. a) Make the journal entries for both stock entries Date Account Debit Credit The net income for 2019 was 86,200. b) Prepare the Stockholders Equity 12-31-19 Stockholders' Equity 12-31-19 $ July 1, 2020, the company issued 400 shares for $12,800. October 1, 2020 the company declared a 35% stock dividend. The stock is currently trading at $33 per share, C) Make the journal entries for both stock entries Date Account Debit Credit The net income for 2020 was 136.800. d) Prepare the Stockholders Equity 12-31-20 Stockholders' Equity 12-31-20

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