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Additional Exercise 10.1 During 2016, Gandolf Corporation had the following transactions and events. 2. 3. 4. 5. 6. 7. 8. Declared a cash dividend.

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Additional Exercise 10.1 During 2016, Gandolf Corporation had the following transactions and events. 2. 3. 4. 5. 6. 7. 8. Declared a cash dividend. Issued ordinary shares for cash at $10. Completed a 2-for-l share split in which $10 value share was reduced to $5 value share. Declared a share dividend. Made a prior period error adjustment for overstatement of profit. Issued ordinary shares required by the share dividend declaration in item no. 4 above. Paid the cash dividend in item no. 1 above. Issued ordinary shares for cash. Required Indicate the effect(s) of each of the foregoing items on the shareholder equity accounts. em Capital share Retained earning It 2. 3. 4. 5. 6. 7. 8. Click if you would like to Show Work for this question: Open Show Work

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