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Brief Exercise 15-15 Whispering Winds Corporation has 190,000 common shares outstanding with a carrying value of $20 per share. Whispering Winds declares a 2-for-1 stock
Brief Exercise 15-15 Whispering Winds Corporation has 190,000 common shares outstanding with a carrying value of $20 per share. Whispering Winds declares a 2-for-1 stock split. How many shares are outstanding after the split? Number of shares outstanding shares SHOW LIST OF ACCOUNTS LINK TO TEXT What is the carrying value per share after the split? Carrying value per shares SHOW LIST OF ACCOUNTS LINK TO TEXT What is the total carrying value after the split? Total carrying values SHOW LIST OF ACCOUNTS LINK TO TEXT What journal entry is necessary to record the split? (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Account Titles and Explanation Debit Credit
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