Question

Nummet, Financial Accounting, Be Help System Announcements CALCULATOR PRINTER VERSION BACK par) $1,104,000 and retained earnings $460,000. A 10% stock dividend (13,800 shares) Brief Exercise 11-6 The stockholders' equity section of Blue Spruce Corps balance sheet consists of common stock ( declared when the market price per share is $18. (a) Show the before and after effects of the dividend on the components of stockholders' equity. Before Dividend After Dividend Stockholders' Equity Paid-in Capital Common Stock 2104000 Paid in Capital in Excess of Par Valve-Common Stock Total Paid in Capital Retained Earnings Total Stockholders' Equity (b) Show the before-and-after effects of the dividend on the shares outstandin Before Dividend After Dividend Outstanding shares

Answer 1

Solution:

Particulars	Before Dividend	After Dividend
Stockholder's Equity:
Paid in capital:
Common stock	$1,104,000.00	$1,214,400.00
Paid in capital in excess of par value - common stock	$0.00	$138,000.00
Total paid in capital	$1,104,000.00	$1,352,400.00
Retained earnings	$460,000.00	$211,600.00
Total stockholder's equity	$1,564,000.00	$1,564,000.00
Particulars	Before Dividend	After Dividend
Outstanding shares	138000	151800