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Ch18C HW Help Save & Exit Submit 1 5 points eBook Brief Exercise 18-15 (Algo) Stock split [LO18-8] On June 13, the board of
Ch18C HW Help Save & Exit Submit 1 5 points eBook Brief Exercise 18-15 (Algo) Stock split [LO18-8] On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 120 million, $5.00 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $23 on June 13. Prepare a journal entry that summarizes the declaration and distribution of the stock split if it is to be effected in the form of a 100% stock dividend. What is the par per share after the split? Complete this question by entering your ans General Journal Par value Prepare a journal entry that summarizes the decla stock split if it is to be effected in the form of a 10 entry is required for a transaction/event, select "N the first account field. Enter your answers in millic entered as 10).) View transaction list Journal entry worksheet Record the declaration and distribution of the stock split effected in the form of a 100% stock dividend. Note: Enter debits before credits Event 1 General Journal Debit Credit View genera Record entry Clear entry
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