The Following Is Information Taken from the Shareholders' Equity Section

question 12

Essay

The following is information taken from the shareholders' equity section of the projected summary financial statements of Deer Fly Corp. to December 31, 2021, prior to the board of directors' meeting to decide on dividends or other share transactions related to its 10,000 issued common shares for the year. Instructions
Prepare in three-column comparative format, the shareholders' equity section as it would appear under each of the following possible options that the board is considering. Only one of the options will be chosen, so assume they are mutually exclusive. Describe any additional disclosure that would be required.
a) The board declares a 20% stock dividend.
b) The board approves a 3-for-1 stock split.

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Definitions:

Oral Candidiasis

A fungal infection in the mouth caused by the yeast Candida, resulting in white lesions, usually on the tongue or inner cheeks.

Endogenous Nosocomial

Infections originated within the hospital setting from the patient's own flora rather than being acquired from external sources.

Exogenous Nosocomial

Refers to infections acquired in a hospital setting that originate from external sources.

Intravenous Antibiotics

Medications delivered directly into the veins to treat infections.