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Required:1. Complete the following tabulation:Shares authorized __________.Share

Required:1. Complete the following tabulation:Shares authorized __________.Shares issued __________.Shares outstanding __________.2. The balance in the Capital in excess of Par account appears to be $ __________.3. Earnings Per Share is $__________.4. Dividend paid per share of common stock is $__________.5. Treasury stock should be reported on the balance sheet under the major caption __________ in the amount of $ __________.6. Assume that the board of directors voted a 2 for 1 stock split (the number of shares will double). After the stock split the par value per share will be $__________ and the number of outstanding shares will be__________.7. Assuming the stock split mentioned above give any journal entry that should be made. If none explain why.8. Disregard the stock split (assumed above). Assume instead that a 10 percent stock dividend was declared and issued when the market price of the common stock was $21. Give any journal entry that should be made.

 

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