Acc/291 Week 4 Individual

E11-15
| | | | |After | |After |
| | | | |Stock | |Stock |
| | |Before | |Dividend | |Split |
| | | | | | | |
|Shareholder equity | | | | | | |
|Paid-in capital | | | | | | |
|Common stock | | 600,000 | | 630,000 | | 600,000 |
|In excess of par value | |0 | |12,000 | |0 |
|Total paid-in capital | |600,000 | | 642,000 | | 600,000 |
|Retained earnings | |900,000 | |858,000 | |900,000 |
|Total shareholders’ | | | | | | |
| equity | |1,500,000 | |1,500,000 | |1,500,000 |
| | | | | | | |