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On October 1, wild horse corporation stockholders equity is as follows common stock , $7 par value. 532000 paid In cap. In excess of par
On October 1, wild horse corporation stockholders equity is as follows
common stock , $7 par value. 532000
paid In cap. In excess of par CS 30000
retained earning 162000
total stock equity 724000
on oct 1 wild horse declares and distributes a 10% stock dividend when the market price of the stock is 15 per share
indicate the common stock balance, paid in capital in excess par value balance and retained earning balance, after the stock dividend Shares have been distributed?
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