Green Golf Club Corp. had the following stockholders' equity at December 31, 2023: E (Click the icon to view the stockholders' equity.) On June 30, 2024, Green Golf Club split its common stock 2-for-1. Prepare the stockholders' equity section of the balance sheet immediately after the split. Assume the balance in retained earnings is unchanged from December 31, 2023. Green Golf Club, Corp. Balance Sheet (Partial) Data table June 30, 2024 Stockholders' Equity Paid-In Capital: Stockholders' Equity Paid-In Capital: Common Stock-$1 Par Value; 650 shares authorized, 260 shares issued and outstanding 260 520 Paid-In Capital in Excess of Par-Common Total Paid-In Capital Total Paid-In Capital 780 2,900 Retained Earnings 3,680 Total Stockholders' Equity Total Stockholders' Equity Print Done
Green Golf Club Corp. had the following stockholders' equity at December 31, 2023: E (Click the icon to view the stockholders' equity.) On June 30, 2024, Green Golf Club split its common stock 2-for-1. Prepare the stockholders' equity section of the balance sheet immediately after the split. Assume the balance in retained earnings is unchanged from December 31, 2023. Green Golf Club, Corp. Balance Sheet (Partial) Data table June 30, 2024 Stockholders' Equity Paid-In Capital: Stockholders' Equity Paid-In Capital: Common Stock-$1 Par Value; 650 shares authorized, 260 shares issued and outstanding 260 520 Paid-In Capital in Excess of Par-Common Total Paid-In Capital Total Paid-In Capital 780 2,900 Retained Earnings 3,680 Total Stockholders' Equity Total Stockholders' Equity Print Done
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Green Golf Club Corp. had the following stockholders' equity at December 31, 2023:
(Click the icon to view the stockholders' equity.)
On June 30, 2024, Green Golf Club split its common stock 2-for-1. Prepare the stockholders' equity section of the balance sheet immediately after the split. Assume the balance in retained earnings is unchanged from December 31,
2023.
.....
Green Golf Club, Corp.
Balance Sheet (Partial)
Data table
June 30, 2024
Stockholders' Equity
Paid-In Capital:
Stockholders' Equity
Paid-In Capital:
Common Stock-$1 Par Value; 650 shares
authorized, 260 shares issued and outstanding
2$
260
520
Paid-In Capital in Excess of Par-Common
Total Paid-In Capital
780
Total Paid-In Capital
2,900
Retained Earnings
2$
3,680
Total Stockholders' Equity
Total Stockholders' Equity
Print
Done](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa60a08a6-2a5d-4c66-a1d7-f488758f1d8b%2F894326a5-4327-42dc-85c8-597d15d7c8e7%2Fi7wyncr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Green Golf Club Corp. had the following stockholders' equity at December 31, 2023:
(Click the icon to view the stockholders' equity.)
On June 30, 2024, Green Golf Club split its common stock 2-for-1. Prepare the stockholders' equity section of the balance sheet immediately after the split. Assume the balance in retained earnings is unchanged from December 31,
2023.
.....
Green Golf Club, Corp.
Balance Sheet (Partial)
Data table
June 30, 2024
Stockholders' Equity
Paid-In Capital:
Stockholders' Equity
Paid-In Capital:
Common Stock-$1 Par Value; 650 shares
authorized, 260 shares issued and outstanding
2$
260
520
Paid-In Capital in Excess of Par-Common
Total Paid-In Capital
780
Total Paid-In Capital
2,900
Retained Earnings
2$
3,680
Total Stockholders' Equity
Total Stockholders' Equity
Print
Done
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