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On March 1 , 2 0 2 3 , VisionTech Inc. ' s board of directors declared a 5 % share dividend when the market
On March VisionTech Inc.s board of directors declared a share dividend when the market price per share was $ On
November the board of directors declared a : share split. The equity section of the company's December balance
sheet showed:
Common shares; shares authorized;
shares issued and outstanding
$
Retained earnings
Required:
Prepare a statement of changes in equity for the year ended December assuming profit earned during the year was
$Amounts to be deducted should be indicated by a minus sign.
Prepare the equity section of the December balance sheet.
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