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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Satina Corporation has 112,500 common shares. It declares a 5% stock dividend on December 1 to shareholders of record on December 20. The shares are issued on January 10. The share price is $14 on December 1, $13.50 on December 20, and $13.75 on January 10. Prepare the entries on the appropriate dates to record the stock dividend. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
| Date | Account Titles and Explanation | Debit | Credit |
| Dec. 1 | Â | Â | Â |
| Â | Â | Â | |
| Dec. 20 | Â | Â | Â |
| Â | Â | Â | |
| Jan. 10 | Â | Â | Â |
| Â | Â |
 |
Â
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