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Prepare the journal entry to record the stock split if it

1. Refer to the situation described in BE 18-13, but assume a 2-for-1 stock split instead of the 5% stock dividend. Prepare the journal entry to record the stock split if it is not to be effected in the form of a stock dividend. What is the par per share after the split?

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Accounting Basics: Prepare the journal entry to record the stock split if it

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