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*Exercise 14-04 Your answer is partially correct. Try again. On October 31, the stockholders' equity section of Blossom Company consists of common stock $360,000 and
*Exercise 14-04 Your answer is partially correct. Try again. On October 31, the stockholders' equity section of Blossom Company consists of common stock $360,000 and retained earning declaring a 7% stock dividend on the 36,000, $10 par value shares outstanding, or (2) effecting a 2-for-1 stock split that will re Prepare a tabular summary of the effects of the alternative actions on the components of stockholders' equity, outstanding sha Before Action After Stock Dividend After Stock Split Stockholders' equity Paid-in capital Common stock 260,00 L In excess of par Total paid-in capital Retained earnings 1902,000 Total stockholders' equity x Outstanding shares Par value per share *Exercise 14-04 Your answer is partially correct. Try again. On October 31, the stockholders' equity section of Blossom Company consists of common stock $360,000 and retained earning declaring a 7% stock dividend on the 36,000, $10 par value shares outstanding, or (2) effecting a 2-for-1 stock split that will re Prepare a tabular summary of the effects of the alternative actions on the components of stockholders' equity, outstanding sha Before Action After Stock Dividend After Stock Split Stockholders' equity Paid-in capital Common stock 260,00 L In excess of par Total paid-in capital Retained earnings 1902,000 Total stockholders' equity x Outstanding shares Par value per share
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