CourseLover

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Teaching Since: May 2017
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  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

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  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 14 Dec 2017 My Price 10.00

balance sheet for Pental, Inc.

The stockholders' equity section of the balance sheet for Pental, Inc., follows before the stock dividend. Common stock, $1 par, 100,000 shares issued and outstanding $100,000 Additional paid-in capital 50,000 Retained earnings 450,000 Total stockholders' equity $600,000 Pental, Inc., declared a 5% stock dividend when the market price per share was $10. Required: In the space next to each account, determine the amounts of each account after the stock dividend was distributed.

______Common Stock 

_______Additional paid in capital 

_______retained earnings

Answers

CourseLover
(12)
Status NEW Posted 14 Dec 2017 06:12 AM My Price 10.00

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