Question: Need help in solving with calculation explanation Prepare the required journal entries for the following unrelated items: (a) (b) The par value of the common
Need help in solving with calculation explanation

Prepare the required journal entries for the following unrelated items: (a) (b) The par value of the common stock is reduced with a 2 -for-1 stock split (1) New par value per share = (2) Number of shares outstanding after split= (c) A property dividend is declared Dec 5 , and distributed Dec 31 . in bonds held as a a current in
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