Question: Chapter 18 G Saved Help Save & Exit Submit Check my work 13 On June 13, the board of directors of Siewert Inc. declared a

 Chapter 18 G Saved Help Save & Exit Submit Check my

Chapter 18 G Saved Help Save & Exit Submit Check my work 13 On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 40 million, $2 par, common shares, to be distributed on July 1. The market price of Siewert common stock was $18 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 split? points eBook Print References Complete this question by entering your answers in the tabs below. General Journal Par value What is the par per share after the split? (Enter your answer in dollars rounded to 2 decimal places.) Par value per share General Journal Par value This is a numeric cell, so please enter numbers only

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