E15-15 dividend entries the following data were taken from

E15-15 (Dividend Entries) The following data were taken from the balance sheet accounts of Wickham Corporation on December 31, 2012.

Current assets	$540,000
Debt investments	624,000
Common stock (par value $10)	600,000
Paid-in capital in excess of par-common stock	150,000
Retained earnings	840,000

Instructions

Prepare the required journal entries for the following unrelated items

(a) A 5% stock dividend is declared and distributed at a time when the market price is $39 per share.
(b) The par value of the capital stock is reduced to $2 with a 5-for-1 stock split.
(c) A dividend is declared January 5, 2013, and paid January 25, 2013, in bonds held as an investment. The bonds have a book value of $90,000 and a fair value of $125,000.

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E15-15 dividend entries the following data were taken from : e15-15 dividend entries the following data were taken from the balance sheet accounts of wickham corporation on

The company desires a 35 profit margin per hour of labor : padong remanufacturing rebuilds spot welders for manufacturers. the following budgeted cost data for 2006 is available

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