a. Show the effect on the equity accounts and per-share data of a 20% stock dividend. The number of shares of common stock after the dividend is shares. (Round to the nearest whole number.) The balance in the common stock account after the dividend is $. (Round to the nearest dollar.) (Round to the nearest dollar.) The balance in the paid-in capital in excess of par account after the dividend is $ The balance in the retained earnings account after the dividend is $ (Round to the nearest dollar.)
a. Show the effect on the equity accounts and per-share data of a 20% stock dividend. The number of shares of common stock after the dividend is shares. (Round to the nearest whole number.) The balance in the common stock account after the dividend is $. (Round to the nearest dollar.) (Round to the nearest dollar.) The balance in the paid-in capital in excess of par account after the dividend is $ The balance in the retained earnings account after the dividend is $ (Round to the nearest dollar.)
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter11: Stockholders' Equity
Section: Chapter Questions
Problem 11.12E
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