Stock dividends and share split-journal entries
Eagle Corporation has 250,000 shares at $6 par value outstanding. Prepare journal entries in the space provided to record the following transactions during the current year:
$$\begin{array} { | l | l | }
\hline \text { Feb 10 } & \text { Declared a 25\% stock dividend Market price per share was } \$ 22 \
\hline \text { Mar. 15 } & \text { Issued the shares for the stock dividend declared on February 10. } \
\hline \text { June 30 } & \text { Distributed additional shares in a 2-for-1 share split Market price per share was } \$ 40 \
\hline & \text { irmmediately before the share split } \
\hline \text { Oct. 17 } & \text { Declared a 10\%/ stock dividend. Market rice per share was } \$ 24 \
\hline
\end{array}$$

Question

Stock dividends and share split-journal entries
Eagle Corporation has 250,000 shares at $6 par value outstanding. Prepare journal entries in the space provided to record the following transactions during the current year:
 $$\begin{array} { | l | l | } 
\hline \text { Feb 10 } & \text { Declared a 25\% stock dividend Market price per share was } \$ 22 \
\hline \text { Mar. 15 } & \text { Issued the shares for the stock dividend declared on February 10. } \
\hline \text { June 30 } & \text { Distributed additional shares in a 2-for-1 share split Market price per share was } \$ 40 \
\hline & \text { irmmediately before the share split } \
\hline \text { Oct. 17 } & \text { Declared a 10\%/ stock dividend. Market rice per share was } \$ 24 \
\hline
\end{array}$$

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The Answer of Stock dividends and share split-journal entries
Eagle Corporation has 250,000 shares at $6 par value outstanding. Prepare journal entries in the space provided to record the following transactions during the current year:
 $$\begin{array} { | l | l | } 
\hline \text { Feb 10 } & \text { Declared a 25\% stock dividend Market price per share was } \$ 22 \
\hline \text { Mar. 15 } & \text { Issued the shares for the stock dividend declared on February 10. } \
\hline \text { June 30 } & \text { Distributed additional shares in a 2-for-1 share split Market price per share was } \$ 40 \
\hline & \text { irmmediately before the share split } \
\hline \text { Oct. 17 } & \text { Declared a 10\%/ stock dividend. Market rice per share was } \$ 24 \
\hline
\end{array}$$

Stock Dividends and Share Split-Journal Entries Eagle Corporation Has 250,000

Stock Dividends and Share Split-Journal Entries
Eagle Corporation Has 250,000