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XACC 291 - Week 6 Answers E11-15, E12-1, E12-2 and Problem 11-6

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Format: Microsoft Word


Complete Exercises E11-15, E12-1, & E12-2 and Problem 11-6

E11-15

 

                                                                                                            Before                  After                       After

                                                                                                            Action                                     Dividend            Stock Split

Stockholders equity

Paid in capital                 

Common stock,$10 par                                               600,000              630,000              600,000

Paid in capital in excess par value                                         0 .            12,000                                   0

Total paid in capital                                                          600,000              642,000              600,000

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