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6. Assume that the board of directors voted a 2-for-1 stock split. After the stock split, calculate the par value per share and the number
6. Assume that the board of directors voted a 2-for-1 stock split. After the stock split, calculate the par value per share and the number of outstanding shares. Par value per share Shares 7. Assuming the stock split mentioned above, prepare any journal entry that should be made. (If no entry is required for a transactionievent, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record entry for stock split. Note: Enter debits before credits. General .J Debit Credit Record entry View general journal Clear entry 8. Disregard the stock split (assumed above. Assume instead that a 10 percent stock dividend was declared and issued (after treasury stock repurchase) when the market price of the common stock was $21. Prepare any journal entry that should be made. (If no entry is required for a transactionlevent, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the entry for the stock dividend. Note: Enter debits before credits General.J Debit |Credit Record entry View general journal Clear entry
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