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Company H currently reports the following information in the stockholders' equity section of its balance sheet: Common Stock, $3 par value, 50,000 shares authorized and

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Company H currently reports the following information in the stockholders' equity section of its balance sheet: "Common Stock, $3 par value, 50,000 shares authorized and 10,000 shares and outstanding, $15,000". The company declares a 3:1 stock split. After the stock split, the dollar amount reported for the Common Stock account on the balance sheet will be: Greater than $15,000. b. Equal to $15,000. Less than $15,000. d. Cannot tell from the information given. a. C

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