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Stockholder's Equity Common stock, $5 par value 35,0o ben issus APIC common Total paid in capital Retained earnings Total Stockholder's Equity 175,000 25,000 200,000 800,000

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Stockholder's Equity Common stock, $5 par value 35,0o ben issus APIC common Total paid in capital Retained earnings Total Stockholder's Equity 175,000 25,000 200,000 800,000 1,000,000 Required: 1. Set up "T" accounts for: common stock, APIC-common, and Retained Earnings 2. Prepare journal entries for each assumption below and post the entries 3. Calculate account balances for each of the assumptions below. Assume: (10% stock dividend, market value-$20/share) Before Common Stock, $5 par value APIC-common Total paid in capital Retained earnings Total Stockholder's Equity 175,000 25,000 200,000 800,000 1,000,000

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