On July 31,2017,Archer,Inc.reported the following information in the equity section of their balance sheet:
Assume that Archer 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. )
Definitions:
Paleolithic Cave
Prehistoric caves inhabited or used by early humans, notable for containing some of the earliest known cave paintings and artifacts.
Creation Myth
A symbolic narrative of how the world and its inhabitants came to be, varying widely across cultures, religions, and societies.
Survival
The act of continuing to live or exist, especially in spite of challenging conditions or circumstances.
Göbekli Tepe
Göbekli Tepe is an archaeological site in southeastern Turkey, dating back to the 10th millennium BCE, renowned for its monumental circular and rectangular megalithic structures.
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