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At the end of the year, the records of NCIS Corporation provided the following selected and incomplete data: Common stock (510 par value), no changes

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At the end of the year, the records of NCIS Corporation provided the following selected and incomplete data: Common stock (510 par value), no changes in account during the year. Shares authorized: 280,000 Shares issued (all shares were issued at $20 per share, $2,100,000 total cash collected) Treasury stock 4.000 shares (repurchased at $19 per share) The treasury stock was acquired after a stock split was announced Net income $202.910 Dividends declared and pold: $112,270 Retained earnings beginning balance: $635,000 Required: 1. Complete the following tabulation 2. Calculate the balance in the Additional paid in capital account 3. What is earnings per share (EPS)? 4. What was the dividend paid per share? 5. In what section of the batance sheet should treasury stock be reporld? What is the amount of treasury stock that should be reported? 6. Assume that the board of directors voted a 2 for 1 stock split. After the stock split, what will be the par value per share? How many shares will be outstanding? 7. Assuming the stock split mentioned above, prepare any journal entry that should be made 8. Disregard the stock split (assumed above). Assume instead that a 10 percent stock dividend was declared before treasury stock repurchase when the market price of the common stock was $20. Prepare any journal entry that should be made. Comolete this question by entering vour answers in the tabs below Complete this question by entering your answers in the tabs below. Reg1 Reg 2 to 4 Reg 5 and 6 Req7 and 8 Complete the following tabulation: Shares authorized Shares issued Shares outstanding Req2 to 4 > Reg1 Reg 2 to 4 Reg 5 and 6 Reg 7 and 8 2. Calculate the balance in the Additional paid-in capital account. 3. Calculate the earnings por share (EPS) (Round your answer to 2 decimal places.) calculate the dividend paid per share. (Round your answer to 2 decimal places 2 Additional paid in capital 3. Eamings per share Dividend per share Reg 1 Reg 2 to 4 Reg 5 and 6 Req 7 and 8 5. Under what section should treasury stock be reported on the balance sheet? Also at what amount should it be shown 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. 5. 5 Par value per share Sharon outstanding Journal entry worksheet Record the entry for the stock dividend. Note: Enter debits before credits Transaction General Journal Debit Credit 2 Record entry Clear entry View general Journal

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