Question: A company with 110,647 authored shares of Spar common stock issued 31,621 shares at $4 per share. Subsequent, the company declared a 25 stock dividend

A company with 110,647 authored shares of Spar common stock issued

A company with 110,647 authored shares of Spar common stock issued 31,621 shares at $4 per share. Subsequent, the company declared a 25 stock dividend on a date when the market price was $20 share. What is the amount rastered from the retained earnings account to sa accounts as a result of the stock divided? Oa544359 Ob. $12648 O. 10,119 Od 2.5 P inc Allt Sum Grung 11 stv MacBook Air 94 18 De bo 4 19 N 3 $ 4 %4 5 - 6 7 8 9 1 0 w E R T Y U 1 O P IB s D F G H c K L V B N M V - . V 96 mand commend option

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

See project.xlsx Narrative and Instructions Rockford Corporation is a wholesale plumbing supply distributor. The corporation was organized in 1981, under the laws of the State of Illinois, with an...

Q:

Please help answer any of the questions 12,800 4.800 $33850 Rockford Corporation is a wholesale plumbing supply distributor. The corporation was organized in 1981, under the laws of the State of...

Q:

I have completed the general journal, purchases, cash receipts, cash disbursements, and sales journal but I need help with completing the ledgers and the 10 column worksheet. Please explain how to...

Q:

Please answer problem, via the provided excel spreadsheet. `Thank you General Ledger Software for Accounting http://gls.edugen.wiley.com/JWS02/pages/student/problem.jsp?... GLS Problem Rockford...

Q:

Hi, attached please find a project I need help with. I have filled out some parts, but I'm not sure if they're accurate. The instructions are on the "instructions" tab and it involves ordering out...

Q:

Hi, attached please find a project I need help with. I have filled out some parts, but I'm not sure if they're accurate. The instructions are on the "instructions" tab and it involves ordering out...

Q:

Narrative and Instructions Rockford Corporation is a wholesale plumbing supply distributor. The corporation was organized in 1981, under the laws of the State of Illinois, with an authorized...

Q:

Narrative and Instructions Rockford Corporation is a wholesale plumbing supply distributor. The corporation was organized in 1981, under the laws of the State of Illinois, with an authorized...

Q:

Narrative and Instructions Rockford Corporation is a wholesale plumbing supply distributor. The corporation was organized in 1981, under the laws of the State of Illinois, with an authorized...

Q:

Narrative and Instructions Rockford Corporation is a wholesale plumbing supply distributor. The corporation was organized in 1981, under the laws of the State of Illinois, with an authorized...

Q:

Poto Bhd (PB), a manufacturing company and was incorporated in Kelantan on 1 February 2014 with an authorized and paid-up share capital of RM50 million. PB is engaged in producing promoted products....

Q:

What is the nominal sum of the 30 payments in the annuity due? Strictly speaking, is it legitimate for Powerball to report a $340 million jackpot? Explain your reasoning. (Many mega-prize lotteries...

Q:

Question 2 6 Return on investment ( ROD ) tells us how much earnings can be expected for the average invested dollar. True False

Q:

Chapter 1 2 discusses the classification of products, product life - cycle, and pricing methods / strategies . The product life cycle is a theoretical model that marketers use to predict what happens...

Q:

c. On the basis of these two continua, determine Oprah Winfreys communication style. d. In your opinion, does Oprah Winfrey display style flexibility?

Q:

b. On the sociability continuum, place a mark where you feel she belongs.

Q:

1. Oprah Winfrey is one of Americas most popular talk-show hosts. Consider the behaviors she displays on her show, and then complete the following exercises: