Chapter 11, Problem 11.14E

(a)

To determine

Stock Dividends: It refers to the payment of dividends by a company to its existing shareholders, in the form of additional shares rather than cash. Stock dividends are paid, when there is inadequate cash available in the company.

To Journalize: The declaration of stock dividend for Corporation F on December 10, 2019 at par value $10 and market price $18.

(b)

To determine

To Journalize: The declaration of stock dividend for Corporation F on December 10, 2015 at par value $5 and market price $20.