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The stockholders equity accounts of Sheridan Company have the following balances on December...

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Accounting

The stockholders equity accounts of Sheridan Company have the following balances on
December 31,2025.
Common stock, $10 par, 290,000 shares issued and outstanding $2,900,000
Paid-in capital in excess of parcommon stock 1,120,000
Retained earnings 5,110,000
Shares of Sheridan Company stock are currently selling on the Midwest Stock Exchange at
$36.
Prepare the appropriate journal entries for each of the following cases. (List all debit entries
before credit entries. Credit account titles are automatically indented when the amount is entered. Do
not indent manually. If no entry isrequired,select "No Entry" for the account titles and enter 0 for the
amounts.)
a. A stock 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 Debi

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