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- A corporation that had 28,000 shares of common stock outstanding declared a 4-for-1 stock split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $92 per share before the stock split, what would be an approximate market price per share after the split? per share c. Journalize the entry for the stock split. If no entry is required, type "No Entry Required" and leave the amount boxes blank. Debit Credit AccountA corporation, which had 39,700 shares of common stock outstanding, declared a 3-for-1 stock split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $123 per share before the stock split, what would be an approximate market price per share after the split? per share c. Journalize the entry for the stock split. If no entry is required, type "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank.A corporation, which had 24,100 shares of common stock outstanding, declared a 5-for-1 stock split. a. What will be the number of shares outstanding after the split? b. If the common stock had a market price of $215 per share before the stock split, what would be an approximate market price per share after the split? c. Journalize the entry to record the stock split. If no entry is required, type "No Entry" and leave the amount boxes blank. - Select - - Select - - Select - - Select -
- A corporation, which had 36,700 shares of common stock outstanding, declared a 5-for-1 stock split. Question Content Area a. What will be the number of shares outstanding after the split?fill in the blank 6d98aa0e7fb202d_1 shares b. If the common stock had a market price of $190 per share before the stock split, what would be an approximate market price per share after the split?$fill in the blank 6d98aa0e7fb202d_2 per share Question Content Area c. Journalize the entry for the stock split. If no entry is required, type "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. blank - Select - - Select - - Select - - Select -A corporation, which had 24,900 shares of common stock outstanding, declared a 5-for-1 stock split. a. What will be the number of shares outstanding after the split?fill in the blank 53e95dfc6067fb6_1 shares b. If the common stock had a market price of $150 per share before the stock split, what would be an approximate market price per share after the split?$fill in the blank 53e95dfc6067fb6_2 per share c. Journalize the entry to record the stock split. If no entry is required, type "No Entry" and leave the amount boxes blank. No Entry fill in the blank 58010d03701507a_2 fill in the blank 58010d03701507a_3 No Entry fill in the blank 58010d03701507a_5 fill in the blank 58010d03701507a_6A corporation, which had 37,300 shares of common stock outstanding, declared a 5-for-1 stock split. a. What will be the number of shares outstanding after the split?fill in the blank 7511bf07efebf9c_1 shares b. If the common stock had a market price of $180 per share before the stock split, what would be an approximate market price per share after the split?$fill in the blank 7511bf07efebf9c_2 per share c. Journalize the entry to record the stock split. If no entry is required, type "No Entry" and leave the amount boxes blank. blank - Select - - Select - - Select - - Select -
- Gemini purchases back shares of its OWN common stock. Complete the missing information necessary to record this transaction: Par Value Purchase Price Per Common Stock Share Number of Shares Purchased Debited Account Credited Account Amount $1 $10 100 Do not include dollar signs or commas in your answer. The system will insert a comma if necessary.A corporation, which had 33,000 shares of common stock outstanding, declared a 3-for-1 stock split. (a) What will be the number of shares outstanding after the split?fill in the blank 1 shares (b) If the common stock had a market price of $69 per share before the stock split, what would be an approximate market price per share after the split?$fill in the blank 2 per share (c) Is a journal entry required for a stock split?7. Use the information in Exercise 6, but assume instead that a 20% stock dividend was declared. Answer the same requirements. (see attached images especially for the information in Exercise 6 in the uploaded images. Please answer it based on your knowledge. thank you so much!) NOTE: only letter C and D is the unanswered so please answer it thank you! a) Prepare the required entries to for the declaration and distribution. b) Prepare the shareholders’ equity section immediately after the stock dividend was declared. c) Compare with the accounts and figures given above and explain the effects of this stock dividend on the a) assets, b) liabilities, and c) shareholders' equity. d) Prepare again the shareholders' equity immediately after the stock dividend was distributed. Compare the accounts against no 1 above and explain the effects of this distribution on the a) assets, b) liabilities, and c) shareholders' equity.
- Current Attempt in Progress The shareholders' equity accounts of Bridgeport Inc. have the following balances on December 31, 2023: Common shares, 350,000 shares issued and outstanding Contributed surplus Retained earnings Account Titles and Explanation Common shares are currently trading on the Toronto Stock Exchange at $57. Retained Earnings A stock dividend of 20% is declared and issued at the fair value of the shares. Prepare the appropriate journal entries. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount s entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (To record declaration of stock dividend) (To record distribution of stock dividend) $9,100,000 eTextbook and Media 2,200,000 List of Accounts 43,400,000 Debit CreditESPAÑOL INGLÉS FRANCÉS As of the date of the financial statements, the number of common shares issued will exceed the number of shares outstanding as a result of to. the declaration of a stock dividend. b. the declaration of a division or division of shares (stock split). С. the purchase of shares in portfolio (treasury stock). Enviar comenta. MacBook AirA company declares a 3 for 1 stock split at a time when you are holding 300 shares of the company. Which of the following statements is correct?: Your voting interest (control) of the company changes The market value of the company's stock will stay the same The company felt the stock price was trading at too low a level as probable justification for the split The company needs not make a journal entry for this event There are no correct statements above
