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Decorating Den Imports recently reported the following stockholders' equity: (Click the icon to view the data.)) Suppose Decorating Den split its common stock 2-for-1 in
Decorating Den Imports recently reported the following stockholders' equity: (Click the icon to view the data.)) Suppose Decorating Den split its common stock 2-for-1 in order to decrease the market price per share of its stock. The company's stock was trading at $16 per share immediately before the split Read the requirements Requirement 1. Prepare the stockholders' equity section of the Decorating Den Imports balance sheet after the stock split Select the labels and then enter the amounts to complete the stockholders' equity section if the balance sheet. Decorating Den Imports Balance Sheet (Partial) Paid-In Capital Total Paid-In Capital Total Stockholders' Equity Stockholders' Equity Data table Stockholders' Equity Paid-In Capital: Common stock-$1 Par Value; 560,000,000 shares authorized, 112,000,000 shares issued and outstanding $ 112,000,000 151,000,000 Paid-In Capital in Excess of Par-Common Total Paid-In Capital Retained Earnings Total Stockholders' Equity 263,000,000 642,000,000 $ 905,000,000 Print Done - - X Requirements 1. Prepare the stockholders' equity section of the Decorating Den Imports balance sheet after the stock split. 2. Were the account balances changed or unchanged after the stock split? Print Done - X
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