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The shareholders' equity of Core Technologies Company on June 30,2020 , included the
following: On April 1, 2021, the board of directors of Core Technologies declared a 10% stock
dividend on common shares, to be distributed on June 1. The market price of Core Technologies'
common stock was $30 on April 1, 2021, and $40 on June 1, 2021. Required: Complete the
below table to calculate the stock dividend. Prepare the journal entries to record the declaration
and distribution of the stock dividend.
Complete the below table to calculate the stock dividend.
Journal entry worksheet Record the declaration of the stock dividend. Note: Enter debits before
credits.
Journal entry worksheet Record the distribution of the stock dividend. Note: Enter debits before
credits.

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