The firm intends to first declare a 15 percent stock dividend and then pay a $0.20...
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The firm intends to first declare a 15 percent stock dividend and then pay a $0.20 cash dividend (which also causes a reduction of retained earnings). (Omit $ sign in your response.) Show the capital section of the balance sheet after the first transaction and then after the second transaction. Sun Energy Company After 1st transaction Common stock (57,500 shares) $ Retained earnings Sun Energy Company After 2nd transaction Common stock (57,500 shares) Retained earnings $ $ $ The firm intends to first declare a 15 percent stock dividend and then pay a $0.20 cash dividend (which also causes a reduction of retained earnings). (Omit $ sign in your response.) Show the capital section of the balance sheet after the first transaction and then after the second transaction. Sun Energy Company After 1st transaction Common stock (57,500 shares) $ Retained earnings Sun Energy Company After 2nd transaction Common stock (57,500 shares) Retained earnings $ $ $
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