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S13-11 Accounting for a stock split Deco r and More Imports recently reported the following...

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Accounting

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S13-11 Accounting for a stock split Deco r and More Imports recently reported the following stockholders' equity: Stockholders' Equity Paid-In Capital: Common Stock-$1 Par Value; 490,000,000 shares $119,000,000 148,000,000 267,000,000 654,000,000 $921,000,000 authorized, 119,000,000 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid-In Capital Retained Earnings Total Stockholders' Equity Suppose Decor and More split its common stock 2-for-1 in order to decrease t market price per share of its stock. The company's stock was trading at $17 per share immediately before the split. Requirements 1. Pre pare the stockholders' equity section of the Decor and More Imports balance sheet after the stock split. 2. Were the account balances changed or unchanged after the stock split

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