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LE eBook Problem 10-05 Jackson Enterprises has the following capital (equity) accounts Common stock ($1 par; 100,000 shares outstandino) $100,000 Additional paid-in capital 150,000 Retained
LE eBook Problem 10-05 Jackson Enterprises has the following capital (equity) accounts Common stock ($1 par; 100,000 shares outstandino) $100,000 Additional paid-in capital 150,000 Retained earnings 300,000 The board of directors has declared a 25 percent stock dividend on January 1 and a 50.15 cash dividend on March 1. What changes occur in the total accounts wher each transaction if the price of the stock is $57 Round the number of shares outstanding to the nearest whole number and the other ten to the rest detar, The impact of the 25 percent stock dividend: Common stock ($ par: shares outstanding) Additional paid-in capital Retained earnings $ The impact of the $0.15 a share cash dividend: par: shares outstanding) $ Common stock ($ Additional paid-in capital Retained earnings $
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