The stockholders' equity section of the balance sheet for Pawnee Corporation appeared as follows before its recent stock dividend: Common stock, $5 par, 10,000 shares issued and outstanding $ 50.000 Additional paid-in capital - common 60.000 Retained Earnings 75.000 Total stockholders' equity $185.000 Pawnee declared a 109% stock dividend when the market price per share was $10. After the stock dividend was distributed, the components of the stockholders' equity section were: Select one: O a. There would be no change in the components of stockholders' equity b. Common Stock Additional Paid-in Capital Retained Earnings $50.000 S65.000 S65.000 C. Common Stock Additional Paid-in Capital Retained Earnings $50.000 S65.000 s85.000 o d. Common Stock Additional Paid-in Capital Retained Earnings $55.000 $65.000 S65.000

The stockholders' equity section of the balance sheet for Pawnee Corporation appeared as follows before its recent stock dividend: Common stock, $5 par, 10,000 shares issued and outstanding $ 50.000 Additional paid-in capital - common 60.000 Retained Earnings 75.000 Total stockholders' equity $185.000 Pawnee declared a 109% stock dividend when the market price per share was $10. After the stock dividend was distributed, the components of the stockholders' equity section were: Select one: O a. There would be no change in the components of stockholders' equity b. Common Stock Additional Paid-in Capital Retained Earnings $50.000 S65.000 S65.000 C. Common Stock Additional Paid-in Capital Retained Earnings $50.000 S65.000 s85.000 o d. Common Stock Additional Paid-in Capital Retained Earnings $55.000 $65.000 S65.000

Name: The stockholders' equity section of the balance sheet for Pawnee Corp
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Description: The stockholders' equity section of the balance sheet for Pawnee Corporation appeared as follows before its recent stock dividend:Common stock, $5 par, 10,000 shares issued and outstanding 5 50,000Additional paid-in capital - common60,000Retained Ea

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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