QS 13-3 Share split LO1 Vector Gaming Ltd. showed the following equity account balances on December 31, 2023: Common shares, 100,000 shares authorized; 28,000 shares issued and outstanding Retained earnings $476,000 85,000 On January 2, 2024, Vector declared and distributed a 3:1 share split. Prepare a comparative equity section immediately before and after the share split similar to Exhibit 13.4.
QS 13-3 Share split LO1 Vector Gaming Ltd. showed the following equity account balances on December 31, 2023: Common shares, 100,000 shares authorized; 28,000 shares issued and outstanding Retained earnings $476,000 85,000 On January 2, 2024, Vector declared and distributed a 3:1 share split. Prepare a comparative equity section immediately before and after the share split similar to Exhibit 13.4.
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:QS 13-3 Share split LO1
Vector Gaming Ltd. showed the following equity account balances on December 31, 2023:
Common shares, 100,000 shares authorized;
28,000 shares issued and outstanding
Retained earnings
$476,000
85,000
On January 2, 2024, Vector declared and distributed a 3:1 share split. Prepare a comparative equity section immediately before and after
the share split similar to Exhibit 13.4.
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