pter 11 Saved E11-14 (Algo) Comparing 100 Percent Stock Dividend and 2-for-1 Split [LO 11-3] On...

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pter 11 Saved E11-14 (Algo) Comparing 100 Percent Stock Dividend and 2-for-1 Split [LO 11-3] On July 1, Jones Corporation had the following capital structure: Google G Enter yo "neenap Common Stock, par $1; 8,000,000 authorized shares, 115,000 issued and outstanding $ 115,000 Additional Paid-in Capital 93,000 173,000 None Retained Earnings Treasury Stock Required: Complete the following table based on two independent cases involving stock transactions: (Round "per share" answers to 2 decimal places.) Case 1: The board of directors declared and issued a 100 percent stock dividend when the stock price was $8 per share. Case 2: The board of directors voted a 2-for-1 stock split. The stock price prior to the split was $8 per share. Items Case 1 Case 2 After 100% Before Stock Transactions Stock Dividend After Stock Split Number of Shares Outstanding Par Per Share $ 1.00 Common Stock Account Additional Paid-in Capital Retained Earnings Total Stockholders' Equity 93,000 173,000 < Prev 8 of 10 Next pter 11 Saved E11-14 (Algo) Comparing 100 Percent Stock Dividend and 2-for-1 Split [LO 11-3] On July 1, Jones Corporation had the following capital structure: Google G Enter yo "neenap Common Stock, par $1; 8,000,000 authorized shares, 115,000 issued and outstanding $ 115,000 Additional Paid-in Capital 93,000 173,000 None Retained Earnings Treasury Stock Required: Complete the following table based on two independent cases involving stock transactions: (Round "per share" answers to 2 decimal places.) Case 1: The board of directors declared and issued a 100 percent stock dividend when the stock price was $8 per share. Case 2: The board of directors voted a 2-for-1 stock split. The stock price prior to the split was $8 per share. Items Case 1 Case 2 After 100% Before Stock Transactions Stock Dividend After Stock Split Number of Shares Outstanding Par Per Share $ 1.00 Common Stock Account Additional Paid-in Capital Retained Earnings Total Stockholders' Equity 93,000 173,000 < Prev 8 of 10 Next