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17. At the time that Farr Company issued a 2-for-1 stock split, the company had 1,000 shares of SS par value common stock outstanding. Stockholders'

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17. At the time that Farr Company issued a 2-for-1 stock split, the company had 1,000 shares of SS par value common stock outstanding. Stockholders' equity also contained $14,000 of additional paid in capital and $20,000 of retained earnings. Immediately after the stock split, A. The balance in the common stock account would amount to $10,000. $20,000. B. The amount of paid-in capital would be equal to C. The bal D. ance in the retained earning account would amount to $15,000. The balance in the common stock account would amount to $5,000

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