Split the common stock 3 for 1 and reduced the par from 75


Question - Split the common stock 3 for 1 and reduced the par from $75 to $25 per share. After the split, there were 1,200,000 common shares outstanding. What is the journal entry?

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Accounting Basics: Split the common stock 3 for 1 and reduced the par from 75
Reference No:- TGS02812988

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