Current Attempt in Progress On October 1, Carla Vista Corporation's stockholders' equity is as follows. Common stock, $5
Posted: Thu May 19, 2022 1:46 pm
Current Attempt in Progress On October 1, Carla Vista Corporation's stockholders' equity is as follows. Common stock, $5 par value $379,000 Paid-in capital in excess of par-common stock 27,000 Retained earnings 160,000 Total stockholders' equity $566,000 On October 1, Carla Vista declares and distributes a 10% stock dividend when the market price of the stock is $15 per share.
(b) X Your answer is incorrect. Indicate the balances in the three stockholders' equity accounts after the stock dividend shares have been distributed. Common stock $ 37900 Paid-in capital in excess of par value $ 75800 Retained earnings $ 113700
(b) X Your answer is incorrect. Indicate the balances in the three stockholders' equity accounts after the stock dividend shares have been distributed. Common stock $ 37900 Paid-in capital in excess of par value $ 75800 Retained earnings $ 113700