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On October 1, Little Bobby Corporation’s stockholders’ equity is as follows. Com

ID: 2484945 • Letter: O

Question

On October 1, Little Bobby Corporation’s stockholders’ equity is as follows.

Common stock, $6 par value $477,600

Paid-in capital in excess of par—common stock 27,680

Retained earnings 156,140

    Total stockholders’ equity $661,420

a. Compute the par value per share (1) before the stock dividend and (2) after the stock dividend

Par value before the stock dividend __________

Par value after the stock divided$___________

b. Indicate the balances in the three stockholders_ equity accounts after the stock dividend shares have been distributed. Common stock $______________

Paid-in capital in excess of par value $________

Retained earnings$___________

Explanation / Answer

Required information about the stock dividend and three stockholders information is missed in question. Please privide this information to answer the question

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