current Attempt in ProgressThe following data were taken from the balance sheet accounts of Wildhorse Corporation on December 31, 2024.Current assetsDebt investments (trading)Common stock (par value $10)Paid-in capital in excess of parRetained earningsa.b.C.No.Prepare the required journal entries for the following unrelated items. (List all debit entries before credit entries. Credit account titles areautomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles andenter o for the amounts. Record entries in the order displayed in the problem statement.)a. (1)$513,000605,000Date501,000144,000910,000A 6% stock dividend is (1) declared and (2) distributed at a time when the market price per share is $40.The par value of the common stock is reduced to $2 with a 5-for-1 stock split.A dividend is declared January 5, 2025, and paid January 25, 2025, in bonds held as an investment. The bonds have a bookvalue of $104,000 and a fair value of $135,000.Account Titles and ExplanationO SearchDELLDebitCredi (To record change in value of bonds)(To record the declaration of dividends)HO Search1CDELL11Do

Name: current Attempt in ProgressThe following data were taken from the bal
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: current Attempt in ProgressThe following data were taken from the balance sheet accounts of Wildhorse Corporation on December 31, 2024.Current assetsDebt investments (trading)Common stock (par value $10)Paid-in capital in excess of parRetained earni