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. )
Definitions:
Accounting
The systematic process of recording, analyzing, and reporting financial transactions of a business.
File Name
The designated name given to a file for the purpose of identification and retrieval from a storage medium.
Course Number
A unique identifier assigned to academic courses within an educational institution to organize and catalog them.
Interactive Learner
A learning style where the individual actively engages in activities rather than passively receiving information.
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