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Exercise 14-03 a-b (Video) On January 1, 2020, Oriole Corporation had $1,160,000 of common stock outstanding that was issued at par. It also had retained
Exercise 14-03 a-b (Video) On January 1, 2020, Oriole Corporation had $1,160,000 of common stock outstanding that was issued at par. It also had retained earnings of $747,500. The company issued 37,500 shares of common stock at par on July 1 and earned net income Oumalize the declaration o a 15% stock dn dend on December 10 2020 for the following independent assumptions. Credit account titles are automatica y endented when a ount s entered. Do not indent manually. If no entry as re Entry" for the account titles and enter 0 for the amounts.) a. Par value is $10, and market price is s18 b. Par valuc is $5, and market price is $22 No. Account Titles and Explanation Debit Credit b. Click if you would like to Show Work for this question: enShow Work LINK TO TEXT
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