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Need help on the following question: On February 1 of the following year, a 12 percent stock dividend was issued. The market value of the
Need help on the following question:
On February 1 of the following year, a 12 percent stock dividend was issued. The market value of the stock on February 1 was $18 pe share. Required: 1. For comparative purposes, prepare the stockholders' equity section of the balance sheet (a) immediately before the stock dividen and (b) immediately after the stock dividend. 2. If the stock dividend were 100%, would the additional paid-in capital account be affected? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. For comparative purposes, prepare the stockholders' equity section of the balance sheet (a) immediately before the stock dividend and (b) immediately after the stock dividend
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