Bandara Gold Inc.'s equity section on the October 31, 2020, balance sheet showed the following information:...
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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, 1,080,000 shares issued and outstanding Retained earnings $1,782,000 182,000 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 $2.65, $0.75, and $0.79, respectively. Bandara Gold Inc.'s equity section on the October 31, 2020, balance sheet showed the following information: Common shares, unlimited shares authorized, 1,080,000 shares issued and outstanding Retained earnings $1,782,000 182,000 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 $2.65, $0.75, and $0.79, respectively.
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