COLLEGE ACCOUNTING, CHAPTERS 1-27 2T
COLLEGE ACCOUNTING, CHAPTERS 1-27 2T
22nd Edition
ISBN: 9781305930377
Author: HEINTZ
Publisher: CENGAGE L
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Chapter 21, Problem 5SEA

STOCK SPLIT Goldstein Company has 100,000 shares of $10 par common stock outstanding. On July 1, the board of directors declared a two-for-one stock split.

Prepare a memorandum entry in the general journal indicating the new par value and the total number of outstanding shares of common stock.

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COLLEGE ACCOUNTING, CHAPTERS 1-27 2T

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Stockholders Equity: How to Calculate?; Author: Accounting University;https://www.youtube.com/watch?v=2jZk1T5GIlw;License: Standard Youtube License