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The stockholders' equity section of the balance sheet for Icy Pop Corporation on May 11, 2019, follows: E: (Click the icon to view the data.)
The stockholders' equity section of the balance sheet for Icy Pop Corporation on May 11, 2019, follows: E: (Click the icon to view the data.) On May 11, 2019, the market price of Icy Pop common stock was $19 per share. Icy Pop declared and distributed a 16% stock dividend on this date. Read the requirements. Date Accounts Debit Credit May 2,736,000 11 Retained Earnings Common Stock 36,000 Paid-in Capital in Excess of ParCommon 2,700,000 Requirement 2. Prepare the stockholders' equity section of the balance sheet after the stock dividend. (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet. Use parentheses or a minus sign for numbers to be subtracted.) Balance Sheet (Partial) Stockholders' Equity: Common stock, 0.25 par, 2100000 shares authorized, shares issued and outstanding. Paid-in capital in excess of par-common Total paid-in capital Retained earnings Accumulated other comprehensive income (loss) Total stockholders' equity Data table Stockholders' Equity $ 225,000 Common stock, $0.25 par, 2,100,000 shares authorized, 900,000 shares issued Paid-in capital in excess of parcommon Retained earnings Accumulated other comprehensive income (loss) 1,937,280 7,144,000 (175,000) Total stockholders' equity $ 9,131,280 Print Done
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