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1. Company XYZ has the following data: Common Stock, $10 par value; Paid-in-Capital Retained Earnings $2,000,000 1,000,000 900,000 On October 1, the company declares a

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1. Company XYZ has the following data: Common Stock, $10 par value; Paid-in-Capital Retained Earnings $2,000,000 1,000,000 900,000 On October 1, the company declares a 20% stock dividend when the Fair-Value of the Stock is $60 per share. On December 1, the company splits their stock 4:1. 7. What is the Debit to Retained Earnings on the Date of Declaration 8. What is the amount you credit to Stock Dividends Distributable? 9. What is the amount you credit for Paid-in-Capital? 10. How many shares are there issued after the stock dividend? 11. What is the amount of total Stockholders' Equity after this stock dividend? 12. What is the Book-Value per share after this stock dividend? 13. What is the new par value after the Stock Split? 14. What is the Fair-Value of the stock after the Stock Split? 15. What are the total number of shares outstanding after the Stock-Split? 16. What is the total Stockholders' Equity after this Stock-Split? 17. What is the Book-Value per share after this Stock Split? 18. If the Stock Dividend was 25%, how would we account for it

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