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At the time that Jones Company issued a 5 for 2 stock split the company had 1000 shares of $15 par value common stock outstanding

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At the time that Jones Company issued a 5 for 2 stock split the company had 1000 shares of $15 par value common stock outstanding Stockholders'uty also included $23,000 of din cate necess of value.common and $24,000 of retained earnings Which of the following statements regarding the impact of the stock it! Multiple Choice The amount of common will become $23000 The balance in the red emings account will become 56.300 The number of outstanding shares of common wock will be 75,000 The balance of the common occount will be $15.000

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