Reference no: EM131220637
Ask qCamp Corp had the following balances in its stockholders'''' equity at jan 1:
Common stock, $2, par value, 450,000 shares issued $900,000
Additional pd in capial 1,200,000
Retained earnings $2,225,000
Treasury stock, at cost 8000 shares (48,000)
On July 1 declared a 10% stock dividend, payable Aug1.
The stock was trading at $7 per share on July 1. How do i get the retained earnings, common stock distributed, and the additional pd capital
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: The stock was trading at $7 per share on July 1. How do I get the retained earnings, common stock distributed, and the additional pd capital.
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