Question
eckstra-terrestrial corp has 20,000 shares of $20 common stock issued and outstanding. The company has 150,000 shares authorized. Effective January 1, the stock will split,
eckstra-terrestrial corp has 20,000 shares of $20 common stock issued and outstanding. The company has 150,000 shares authorized. Effective January 1, the stock will split, and there will be 200,000 shares authorized, 30,000 shares issued and outstanding, and the par value with become $5. How will the company record the stock split
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
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