Kwinten Corp. had the following stockholders equity at December 31, 2024: On June 30, 2025, Kwinten Corp.
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Kwinten Corp. had the following stockholders’ equity at December 31, 2024:
On June 30, 2025, Kwinten Corp. split its common stock 2-for-1. Prepare the stockholders’ equity section of the balance sheet immediately after the split. Assume the balance in Retained Earnings is unchanged from December 31, 2024.
Transcribed Image Text:
Stockholders' Equity Paid-In Capital: Common Stock-$1 Par Value; 650 shares authorized, 290 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid-In Capital Retained Earnings Total Stockholders' Equity $ 290 580 870 2,900 $ 3,770
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