Genius

the balances in the stockholders' equity

the balances in the stockholders' equity



On November 1, 2013, Tech Corporation's stockholders' equity section is as follows:
	Common stock, $10 par value	$   600,000
	Paid-in capital in excess of par	205,000
	Retained earnings	    240,000
	Total stockholders' equity	$1,045,000
On November 1, Tech declares and distributes a 15% stock dividend when the market value of the stock is $13 per share.

Instructions
Indicate the balances in the stockholders' equity accounts after the stock dividend has been distributed.





Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
Answered
Other / Other
23 Mar 2016

Answers (1)

  1. Genius

    the balances in the stockholders' equity

    the balances in the stockholders' equity ****** ******
    To see full answer buy this answer.
    Answer Attachments

    1 attachments —

    • img
      93258316.docx

Report As Dispute

Share Your Feedback

Give Review : A+ A B C D F