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Bandara Gold Inc.'s equity section on the October 31, 2020, balance sheet showed the following information: Common shares, unlimited shares authorized, 980,000 shares issued and
Bandara Gold Inc.'s equity section on the October 31, 2020, balance sheet showed the following information: Common shares, unlimited shares authorized, 980,000 shares issued and outstanding Retained earnings $1,911,000 149,000 On November 15, 2020, Bandara's board of directors declared a 3:1 share split to the shareholders of record on November 20 to be distributed on November 29. The market prices of the shares on November 15, 20, and 29 were $2.55, $0.84, and $0.81, respectively. Required: 1. Prepare the required entries for November 15, 20, and 29. Amount Date Note Disclosure Nov 15 Nov 20 Nov 29 Next > 2. Prepare the equity section on the November 30, 2020, balance sheet, assuming profit earned during November 2020 was $267.000 BANDARA GOLD INC. Equity Section of Balance Sheet November 30, 2020 Contributed capital $ Total equity
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