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

On July 1, Jones Corporation had the following capital structure. Common stock ,...

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Accounting

On July 1, Jones Corporation had the following capital structure.
Common stock , par $1 ; 8,000,000 authorized shares, 170,000 issued and outstanding. $170,000
Additional paid in capital. 110,000
Retained Earning ; 190,000
Treasury stock none
Case 1 the board of directores feclaredcavd issued 100 percent stick divend when the stock price was $6 per share.
Case 2 the board of directors voted 2-1 stock split. The stock price prior to the split was $6 per share
Number of outstanding shares before stock transactions for case 1 and 2
Par per share. Case 1 and 2
Common stock account case 1 and 2
Additional cap paid in case 1 and 2
Restained earnings case 1 and 2
Total SE case 1 and 2

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