(Learning Objective 4: Reporting shareholders equity after a stock split) Clublink Corp. had the following shareholders equity...
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(Learning Objective 4: Reporting shareholders’ equity after a stock split) Clublink Corp. had the following shareholders’ equity at October 31 (dollars in millions, except par value per share):
On December 6, Clublink split its $1.50 par ordinary share 3-for-1.
❙ Requirement 1. Prepare the shareholders’ equity section of the balance sheet immediately after the split.
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Related Book For
Financial Accounting International Financial Reporting Standards
ISBN: 9780273777809
1st Global Edition
Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy
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