Please help***** Chapter 13 Homework***& Ex.13-10 Algo

Show Me How Calculator Entries for stock dividends Chart of Accounts Journal Final Questions Instructions Advanced Life Co is an HMO for businesses in the Portland area. The following account balances appear on the Life Co. Common stock (900,000 shares authorized, 460,000 shares issued), 55 par, $2,300,000, Paid stock, $900,000, and Retained earnings, was $13 a share. Advanced Life Co. reported no income or loss for the current year. balance sheet of Advanced in capital in excess of par-common 533,595,000 The board of directors declared a 1% stock dividend when the market price of the stock Required A Journalize the entries to record (1) the declaration of the dividend on December 1, capitalizing an amount equal to market value, and (2) the issuance of the stock certificates on December 31. Refer to the Chart of Accounts for exact wording of account bitles. B. Determine the following amounts before the stock dividend was declared: (1) total paid-in capital, (2) total retained eanings, and (3) total stockholders' equity C. Determine the following amounts after the stock dividend was declared and closing entries were recorded at the end of the year (1) total paid-in capital, (2) total retained eamings, and (3) total stockholders equity 8