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fill in the chart pictured. all answers currently put in are already correct. Common stock ( 52 par value) Additional paid-in capital Retained earnings Treasury
fill in the chart pictured. all answers currently put in are already correct.
Common stock ( 52 par value) Additional paid-in capital Retained earnings Treasury stock $ 732,000 1,020,000 770,000 0 Required: Complete the table below for each of the two following Independent cases: ((Round "Par value per share" amounts to 2 decimal places.) Case 1: The board of directors declared and issued a 50 percent stock dividend when the stock was selling at $4 per share. Case 2: The board of directors announced a 6-for-5 stock spilt (.e., a 20 percent increase in the number of shares). The market price prior to the split was $4 per share. Items After Stock Split Before Dividend After Stock and Split Dividend 5 732.000 $ 2.00 $ 200 Common stock account Par value per share Shares outstanding Additional puid-in capital Retained earnings Total stockholders' equity $ $ 1.020,000 $1,020.000 $ 1.020,000 770,000 $ 770,000 Step by Step Solution
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