E11-14 Comparing 100 Percent Stock Dividend and 2-for-1 Split LO 11-3] On July 1, Jones Corporation had the following capital structure Common Stock, par ; 8,000, 000 authorized shares, 170,000 issued and outstanding Additional Paid-in Capital Retained Earnings Treasury Stock $170,000 110,000 190,000 None Required Complete the following table based on two independent cases involving stock transactions: (Round "per share" answers to 2 decimal places.) Case 1: The board of directors declared and issued a 100 percent stock dividend when the stock price was $6 per share Case 2: The board of directors voted a 2-for-1 stock split. The stock price prior to the split was $6 per share Case 1 Case 2 Before Stock After 100% Transactions Dividend Items Stock Split Number of Shares Outstanding Par Per Share Common Stock Account Additional Paid-in Capital Retained Earnings Total Stockholders' Equity 1.00 110,000 190,000 E11-19 (Supplement 118) Journalizing Small and Large Stock Dividends [LO 11-S2] On December 31, the stockholders' equity section of the balance sheet of R & B Corporation reflected the following Common stock (par $10; authorized 60,000 shares, outstanding 29,000 shares) Additional paid-in capital Retained earnings $290,000 12,400 79,000 On February 1 of the following year, a 11 percent stock dividend was issued. The market value of the stock on February 1 was $22 per share Required Prepare the journal entry to record (a) the small 11 percent stock dividend and, alternatively, (b) the large 100 percent stock dividend. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the issuance of a 11 percent stock dividend on the 29,000 shares of stock outstanding with a market value of $22 per share. Note: Enter debits before credits. Common stock (par $10; authorized 60,000 shares, outstanding 29,000 shares Additional paid-in capital Retained earnings 290,000 12,400 79,000 On February 1 of the following year, a 11 percent stock dividend was issued. The market value of the stock on February 1 was $22 per share Required: Prepare the journal entry to record (a) the small 11 percent stock dividend and, alternatively, (b) the large 100 percent stock dividend. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 Record the issuance of a 100 percent stock dividend on the 29,000 shares of stock outstanding with a par value of $10 per share. Note: Enter debits before credits Transaction General Journal Debit Credit