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,

  1. E-F:13-31 Reporting stockholders' equity after a stock split (Learning Objective 4)
  2. 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)
  1. 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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