Question
During 2022, Roblez Corporation had the following transactions and events. Declared a cash dividend. Issued par value common stock for cash at par value. Completed
During 2022, Roblez Corporation had the following transactions and events.\ Declared a cash dividend.\ Issued par value common stock for cash at par value.\ Completed a 2-for -1 stock split in which
$10
par value stock was changed to
$5
par value stock.\ Declared a small stock dividend when the market price was higher than par value.\ Made a prior period adjustment for overstatement of net income.\ Issued the shares of common stock required by the stock dividend declaration in item no. 4 above.\ Paid the cash dividend in item no. 1 above.\ Issued par value common stock for cash above par value.
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