Question: E-F:13-31 Reporting stockholders' equity after a stock split ( Learning Objective 4 ) Wood Golf Club Corp. had the following stockholders' equity at December 31,
- E-F:13-31 Reporting stockholders' equity after a stock split (Learning Objective 4)
- Wood Golf Club Corp. had the following stockholders' equity at December 31, 2023:
The table is as follows.
Stockholders' Equity
| Paid In Capital | blank |
| Common Stock, $1 Par Value, 650 shares authorized, 270 shares issued and outstanding | $270 |
| Paid In Capital in Excess of Par Common | 540 (single underline) |
| Total Paid In Capital | 810 |
| Retained Earnings | 2,600 (single underline) |
| Total Stockholders' Equity | $3,410 (double underline) |
- On June 30, 2024, Wood Golf Club split its common stock 2-for-1. Prepare the stockholders' equity section of the balance sheet immediately after the split. Assume the balance in Retained Earnings is unchanged from December 31, 2023.
Total Stockholders' Equity $3,410
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