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Suppose Home Sweet Home, Inc., has common stock, $24 par, 510,000 shares authorized, 135,000 shares issued and outstanding. The company also has Paid-in capital in

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Suppose Home Sweet Home, Inc., has common stock, $24 par, 510,000 shares authorized, 135,000 shares issued and outstanding. The company also has Paid-in capital in excess of par, common of $290,000 and Retained earnings of $333,000. The company decided to split its common stock 2-for-1 in order to decrease the market price of its stock. The company's stock was trading at $21 per share immediately before the split 1. Show how the stockholders' equity section of Home Sweet Home, Inc.'s balance sheet would appear after the stock split. 2. Which account balances changed after the stock split? Which account balances were unchanged? 1. Show how the stockholders' equity section of Home Sweet Home, Inc.'s balance sheet would appear after the stock split. (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet.) Stockholders' Equity Paid-in capital: Total stockholders' equity 2. Which account balances changed after the stock split? Which account balances were unchanged? V changed after the stock split. were unchanged. All of the account balances None of the account balances Only the Common stock account balance Only the Common stock and Paid-in capital account balances

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