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Samuel Company's equity structure is as follows: Common Stock, $1 par value, $16 market value --2,000,000 shares authorized, 900,000 shares issued, 50,000 shares treasury stock.
Samuel Company's equity structure is as follows: Common Stock, $1 par value, $16 market value --2,000,000 shares authorized, 900,000 shares issued, 50,000 shares treasury stock. a) Assume Samuel Company issues a 30% stock dividend. What journal entry (if any) would be made to record the transaction? b) Instead, assume Samuel Company issues a 3% stock dividend. What journal entry (if any) would be made to record the transaction? c) Now instead, assume Samuel Company does an 10 to 1 stock split. What journal entry (if any) would be made to record the transaction? After the stock split: Also, supply the following Authorized shares Issued shares Outstanding shares Par value per share $
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