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Accounting

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The stockholders' equity accounts of Swifty Company have the following balances on December 31, 2025. Shares of Swifty Company stock are currently selling on the Midwest Stock Exchange at $41. Prepare the appropriate journal entries for each of the following cases. (List all debit entries before credit entries. Credit account titles automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles a enter 0 for the amounts.) a. Astock dividend of 7% is (1) declared and (2) issued. b. A stock dividend of 100% is (1) declared and (2) issued. c. A 2-for-1 stock split is (1) declared and (2) issued. No. Account Titles and Explanation Debit Credit a. (1) a. (2) b. (1) b. (2) b. (2) c. (1) c. (2) Bonds Payable Buildings Cash Computers Common Stock Common Stock Dividend Distributable Debt Investments Discount on Bonds Payable Dividends Payable Equipment Equity Investments Gain on Investment Income Summary Legal Fees Expense No Entry Organization Expense Paid-in Capital from Treasury Stock Paid-in Capital in Excess of Par - Common Stock Paid-in Capital in Excess of Par - Preferred Stock Paid-in Capital in Excess of Par - Treasury Stock Paid-in Capital in Excess of Stated Value - Common Stock Preferred Stock Property Dividends Payable Retained Earnings Retained Earnings Appropriated for Plant Expansion Retained Earnings Appropriated for Plant Expansion Treasury Stock Unamortized Bond Issue Costs Unrealized Holding Gain or Loss-Income

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