Question: B Homework Help Save& Exit Submit Check my work Brief Exercise 18-14 Stock split [L018-8] On June 13, the board of directors of Siewert Inc.
B Homework Help Save& Exit Submit Check my work Brief Exercise 18-14 Stock split [L018-8] On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 40 million, $1 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $15 on June 13 Prepare the journal entry to record the stock split if it is not to be effected in the form of a stock dividend. What is the par per share after the spli? Complete this question by entering your answers in the tabs below. General Pa vlue Prepare the journal entry to record the stock spit if it is not to be effected in the form of a stock dividend. (If no entry is required for a transaction/event, select 'No journasi entry required" in the first account field.) Journal entry worksheet Record the stock split. Prev 9 of 14 Next S0 p 8
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