Fundamental Accounting Principles
Fundamental Accounting Principles
24th Edition
ISBN: 9781259916960
Author: Wild, John J., Shaw, Ken W.
Publisher: Mcgraw-hill Education,
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Chapter 13, Problem 7E
To determine

Concept Introduction:

Stock Split:

Stock Split is a corporate action taken to increase the number of shares without any alteration in value of the shares. Thus book value of the shares will remain the same, Only the par value per share will change.

Requirement 1

Shareholders Equity Section after stock split.

To determine

Concept Introduction

Large Stock Dividend:

Large stock dividend refers to stock dividend issued @ more than 20-25% of Number of Equity Shares. In such cases the stock is issued at par value.

Requirement 2

Number of Shares Outstanding

Blurred answer

Chapter 13 Solutions

Fundamental Accounting Principles

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