Value common stock outstanding


Equity Transaction For each of the following independent transaction 'a' through 'd', prepare the necessary journal entry(if necessary): a) Declared and paid a $0.40 per share cash dividend on 200,000 shares of preferred stock outstanding. b) Declared and distributed a 10% stock dividend on 800,000 shares of $5 par value common stock outstanding. Market price per common share on this date was $25. c) Declared and distributed a 2-for-1 stock split on 500,000 shares of $10 par value common stock outstanding. d) Declared and distributed a 30% stock dividend on 400,000 common shares of $5 par value common stock outstanding. Market price per common share on this date was $20. Acconts Debits Credits a. b. c. d. -)i need to fill up the above table sheet(a,b,c,d)

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Accounting Basics: Value common stock outstanding
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