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Wood Work, Inc., had the following stockholders' equity at July 31: Click the icon to view the stockholders' equity.) On August 31, Wood Work, Inc.,
Wood Work, Inc., had the following stockholders' equity at July 31: Click the icon to view the stockholders' equity.) On August 31, Wood Work, Inc., split its common stock 4 - for 1. Requirements 1. Make any necessary entry to record the stock split. 2. Prepare the stockholders' equity section of the balance sheet immediately after the split. Requirement 1. Make any necessary entry to record the stock split. (Record debits first, then credits. Exclude explanations from any journal entries. If no journal entry is required, select "No entry required" on the first line of the Accounts column and leave all other cells blank.) Journal Entry Date Accounts Debit Credit Requirement 2. Prepare the stockholders' equity section of the balance sheet immediately after the 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 Choose from any list or enter any number in the input fields and then continue to the next question. Data Table Stockholders' Equity Paid-in capital: Common stock, $2 par, 250,000 shares authorized, 5,000 issued and outstanding $ 10,000 20,000 Paid-in capital in excess of parcommon Total paid-in capital $ 30,000 250,000 Retained earnings $ Total stockholders' equity 280,000
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