Turner Corporation has 150,000 shares of $12 par value common stock issued and outstanding.Required:
If Turner Corporation issued a 3-for-1 stock split, what dollar amount would be shown for common stock on the balance sheet after the stock split?

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The Answer of Turner Corporation has 150,000 shares of $12 par value common stock issued and outstanding.Required:
If Turner Corporation issued a 3-for-1 stock split, what dollar amount would be shown for common stock on the balance sheet after the stock split?

Turner Corporation Has 150,000 Shares of $12 Par Value Common