Business, 01.12.2021 18:50, gabriel345678734

Olde Wine Corporation has 256,500 shares of $35 par common stock outstanding. On February 15, Olde Wine Corporation declared a 3% stock dividend to be issued May 2 to stockholders of record on March 27. The market price of the stock was $50 per share on February 15. Required:
Journalize the entries required on February 15, March 27, and May 2.

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Olde Wine Corporation has 256,500 shares of $35 par common stock outstanding. On February 15, Olde W...