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CP 11-1 The following captions are sub-totals appearing in the stockholders' equity section of the balance sheet for Hudson Day Corporation: a. Total capital stock
CP 11-1 The following captions are sub-totals appearing in the stockholders' equity section of the balance sheet for Hudson Day Corporation: a. Total capital stock b. Total retained earnings Required: For each event listed below, indicate, in the format provided, whether the amount of each subtotal is increased (1) or decreased (V). Indicate with an 'x' if there is no change to a particular subtotal. Consider each event to be unrelated to the others. Total capital stock Retained earnings 1. 2. 3. 4. 5. Company is incorporated. Issued shares of common stock with a stated value of $1. Split the common stock 2 for 1. Recorded net income for the year. Reacquired some shares of common stock previously outstanding. Declared a cash dividend. Paid a cash dividend. (Appendix 1) Declared a stock dividend. (Appendix 2) Created a restriction on retained earnings. 6. 7. 8. 9
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