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Check my work Required information Exercise 11-6 Stock dividends and per share book values LO P2 The following information ap
Required information Journal entry worksheet Record the declaration of 10% stock dividend. Book Print Note: Enter debits befo
Required intormation Journal entry worksheet < 0 2 Record the distribution of 10% stock dividend. Note: Enter debits before c
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Date

General Journal Debit Credit
Feb-05 Retained earnings $264,000 60000*10%*44
Common stock dividend distributable $     120,000 60000*10%*20
Paid-in capital in excess of par value, Common stock $     144,000
Feb-28 Common stock dividend distributable $120,000
Common stock $     120,000
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