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  1. business
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  3. on july 1, jones corporation had the following cap

On July 1, Jones Corporation had the following capital structure: Common Stock, par $1;8,000,000 authorized...

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Accounting

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On July 1, Jones Corporation had the following capital structure: Common Stock, par $1;8,000,000 authorized shares, 170,000 issued and outstanding Additional Paid-in Capital Retained Earnings Treasury Stock Required: Complete the following table based on two independent cases involving stock transactions: (Round "per share" answers to 2 decimal places.) Case 1: The board of directors declared and issued a 100 percent stock dividend when the stock price was $6 per share. Case 2: The board of directors voted a 2 -for-1 stock split. The stock price prior to the split was $6 per share. On July 1, Jones Corporation had the following capital structure: Common Stock, par $1;8,000,000 authorized shares, 170,000 issued and outstanding Additional Paid-in Capital Retained Earnings Treasury Stock Required: Complete the following table based on two independent cases involving stock transactions: (Round "per share" answers to 2 decimal places.) Case 1: The board of directors declared and issued a 100 percent stock dividend when the stock price was $6 per share. Case 2: The board of directors voted a 2 -for-1 stock split. The stock price prior to the split was $6 per share

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