On July 31,2018,Baldwin,Inc.reported the following information in the equity section of their balance sheet:

Assume that Baldwin splits its common stock 3-for-1.Prepare an equity section of the balance sheet that shows the effects of the stock split.(Please round all numbers to the nearest cent. )

Question

On July 31,2018,Baldwin,Inc.reported the following information in the equity section of their balance sheet:
  
Assume that Baldwin splits its common stock 3-for-1.Prepare an equity section of the balance sheet that shows the effects of the stock split.(Please round all numbers to the nearest cent. )

Quizplus · Accepted Answer

The Answer of On July 31,2018,Baldwin,Inc.reported the following information in the equity section of their balance sheet:
  
Assume that Baldwin splits its common stock 3-for-1.Prepare an equity section of the balance sheet that shows the effects of the stock split.(Please round all numbers to the nearest cent. )