1. Microsoft announced a 2 for 1 stock split. Before the split they had 5.4b shares outstanding and par value was $0.0000125.

Before the split the balance in the common stock account was:?

After the split shares outstanding are (in billions)?

After the split par value is?

After the split the balance in the common stock is ?

2. Apple Inc. sells 2m shares of common stock with a par value of $0.0001 for $70. The journal entry to record the sale of stock is ?