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On December 31, 2015, the shareholders' equity section of RUB Corporation reflected Common stock (par P10; authorized 60,000 shares, the following: outstanding 25,000 shares) Additional paid-in capital P250,000

On December 31, 2015, the shareholders' equity section of RUB Corporation reflected Common stock (par P10; authorized 60,000 shares, the following: outstanding 25,000 shares) Additional paid-in capital P250,000

FINANCIAL ACCOUNTING
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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7. Use the information in Exercise 6, but assume instead that a 20% stock dividend was declared. Answer the same requirements.

(see attached images for the given. someone already answer letter a so please answer letter b to d. please answer it all. thank you once again!)

On February 1, 2016, the Board of directors declared a 10% stock dividends to be issued b. Prepare the shareholders' equity section immediately after the stock dividend was d Prepare again the shareholders' equity immediately after the stock dividend was On 31, 2015, the shareholders' equity section of RUB Corporation reflected Common stock (par P10; authorized 60,000 shares, distributed. Compare the accounts against no. 1 above and explain the effects of this 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. distribution on the a) assets, b) liabilities, and c) shareholders' equity. following outstanding 25,000 shares) Additional paid-in capital Retained earnings the follow P250,000 12,000 75,000 on Direction: declared
Transcribed Image Text:On February 1, 2016, the Board of directors declared a 10% stock dividends to be issued b. Prepare the shareholders' equity section immediately after the stock dividend was d Prepare again the shareholders' equity immediately after the stock dividend was On 31, 2015, the shareholders' equity section of RUB Corporation reflected Common stock (par P10; authorized 60,000 shares, distributed. Compare the accounts against no. 1 above and explain the effects of this 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. distribution on the a) assets, b) liabilities, and c) shareholders' equity. following outstanding 25,000 shares) Additional paid-in capital Retained earnings the follow P250,000 12,000 75,000 on Direction: declared
1 Use the information in Exercise 6, but assume instead that a 20% stock dividend was ot of the shoreholdere
Transcribed Image Text:1 Use the information in Exercise 6, but assume instead that a 20% stock dividend was ot of the shoreholdere
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