Solution-Complete the following table based on two

Complete the following table based on two independent cases

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Reference no: EM13866124

On July 1, Jones Corporation had the following capital structure:

Common Stock, par $ 1; 8,000,000 authorized shares, 100,000 issued and outstanding... $ 100,000

Additional Paid-in Capital… 90,000

Retained Earnings... 170,000

Treasury Stock… None

Required:

Complete the following table based on two independent cases involving stock transactions:

Case 1: The board of directors declared and issued a 100 percent stock dividend when the stock price was $ 8 per share

Case 2: The board of directors voted a 2-for-1 stock split. The stock price prior to the split was $ 8 per share.

Reference no: EM13866124

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Complete the following table based on two independent cases

Reference no: EM13866124

Reference no: EM13866124

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