(H7) PSPlease fill in exactly the same way as this form

On June 13, the board of directors of Siewert Incorporated declared a 2-for-1 stock split on its 120 million, $5 par, common shares, to be distributed on July 1 . The market price of Siewert common stock was $23 on June 13. Prepare a journal entry that summarizes the declaration and distribution of the stock split if it is not to be effected in the form of a stoc dividend. What is the par per share after the split? Complete this question by entering your answers in the tabs below. Prepare a journal entry that summarizes the declaration and distribution of stock split if it is not to be effected in the form of a stock dividend. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Journal entry worksheet Record the declaration and distribution of the stock split. Show less a Note: Enter debits before credits. On June 13 , the board of directors of Siewert Incorporated declared a 2 -for-1 stock split on its 120 million, $5 par, common shares, to be distributed on July 1 . The market price of Siewert common stock was $23 on June 13. Prepare a journal entry that summarizes the declaration and distribution of 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? Complete this question by entering your answers in the tabs below. What is the par per share after the split? Note: Enter your answer in dollars rounded to 2 decimal places