Question: Attempts Do No Harm/ 10 4. Problem 10-05 eBook Problem 10-05 Jackson Enterprises has the following capital (equity) accounts: Common stock ($1 par, 150,000 shares

 Attempts Do No Harm/ 10 4. Problem 10-05 eBook Problem 10-05

Attempts Do No Harm/ 10 4. Problem 10-05 eBook Problem 10-05 Jackson Enterprises has the following capital (equity) accounts: Common stock ($1 par, 150,000 shares outstanding) $150,000 Additional paid in capital 50,000 Retained earnings 175,000 The board of directors has declared a 15 percent stock dividend on January 1 and a $0.20 cash dividend on March 1. What changes occur in the capital accounts after each transaction if the price of the stock is $39 Round the number of shares outstanding to the nearest whole number and the other answers to the nearest dollar. The impact of the 15 percent stock dividend: par: shares outstanding) $ Common stock ($ Additional paid-in capital Retained earnings The impact of the $0.20 a share cash dividend: par; shares outstanding)$ Common stock ($ Additional paid-in capital Retained earnings $ Grade it Now Save & Continue Continue without saving

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