Question $7,$ EF$13-29($similar to$)$

Part $1$ of $3$

HW Score: $58\mathrm{.}13\%,11\mathrm{.}63$ of $2$

Points: $0$ of $2$

The stockholders' equity of Seaside Occupational Therapy, Inc. on December $31,2023,$ follows:

$($Click the icon to view the data.$)$

$($Click the icon to show additional information.$)$

Read the requirements.

Requirement $1.$ Journalize the declaration and distribution of the stock dividend. $($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$

First, journalize the declaration of the stock dividend.

The stockholders' equity of Seaside Occupational Therapy, Inc. on December $31,2023,$ follows:

$($Click the icon to view the data.$)$

$($Click the icon to show additional information.$)$

Read the requirements.

Requirement $1.$ Journalize the declaration and distribution of the stock dividend. $($Record debits first, then credits. Select the explar

First, journalize the declaration of the stock dividend.

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit$],[$Apr$.30,,],[,],[,],[,],[,],[$Requirements$,],[\backslash$table$[[1.$ Journalize the declaration and distribution of the$],[2.$ Prepare the stockholders' equity section of the$],[2024.$ Assume Retained Earnings are $$130,000$