Acc280 Financial Accounting: E14-4 On October 31, the stockholders' equity section of Huth Company

Acc280 Financial Accounting

E14-4
On October 31, the stockholders' equity section of Huth Company consists of common stock $300,000 and retained earnings $900,000. Huth is considering the following two courses of action: (1) declaring a 5% stock dividend on the 30,000, $10 par value share

Instructions
Complete the tabular summary of the effects of the alternative actions on the components of stockholders' equity, outstanding shares, and par value per share. (If answer is zero, please enter 0. Do not leave any fields blank.)
Powered by