Question
On January 1, 2020 ABC Company had 400,000, $15 par value ordinary shares. One April 1, 2020, the company decided to split the shares 3-for-1
On January 1, 2020 ABC Company had 400,000, $15 par value ordinary shares. One April 1, 2020, the company decided to split the shares 3-for-1 What is the amount of the par value after the split?
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Core Concepts Of Accounting
Authors: Leslie K. Breitner, Robert N. Anthony
10th Edition
0136029442, 9780136029441
