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On December 31 , the stockholders' equity section of the balance sheet of R&B Corporation reflected the following: Common stock (par $10;60,000 shares authorized; 30,000 issued and outstanding) Additional paid-in capital Retained earnings $300,0e 12,58 80,08 On February 1 of the following year, a 10 percent stock dividend was issued. The market value of the stock on February 1 was $23 per share. Required: Prepare the journal entry to record (a) the small 10 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.) Journal entry worksheet 2 Record the issuance of a 10 percent stock dividend on the 30,000 shares of stock outstanding with a market value of $23 per share. Note: Enter debits before credits. On February 1 of the following year, a 10 percent stock dividend was issued. The market value of the stock on February 1 was $23 per share. Required: Prepare the journal entry to record (a) the small 10 percent stock dividend and, aiternatively. (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.) Journal entry worksheet Record the issuance of a 100 percent stock dividend on the 30,000 shares of stock outstanding with a par value of $10 per share. Note: Enter debits before credits

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