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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Although Oriole Company has enough
Common stock, $10 par | $300,000 |
Additional paid-in capital on common stock | 600,000 |
Total contributed capital | $900,000 |
Retained earnings | 1,300,000 |
Total shareholders' equity | $2,200,000 |
Required:
1. Assuming a 15% stock dividend is declared and issued, prepare the shareholders' equity section immediately after the date of issuance.
Oriole Company | |
Common stock, $10 par | $fill in the blank |
Additional paid-in capital on common stock | fill in the blank |
Total contributed capital | $fill in the blank |
Retained earnings | fill in the blank |
Total shareholders' equity | $fill in the blank |
2. Assuming, instead, that a 30% stock dividend is declared and issued, prepare the shareholders' equity section immediately after the date of issuance.
Oriole Company | |
Shareholders' Equity | |
Common stock, $10 par | $fill in the blank |
Additional paid-in capital on common stock | fill in the blank |
Total contributed capital | $fill in the blank |
Retained earnings | fill in the blank |
Total shareholders' equity | $fill in the blank |
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