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9. XYZ Company reported the following amounts on its balance shent an nawnohar 1.2018 :...

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Accounting

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9. XYZ Company reported the following amounts on its balance shent an nawnohar 1.2018 : The following transactions occurred during December: 1. Declared a 20% stock dividend on common stock on December 3, when the stock was selling at $12 per share. The stock dividend will be distributed on December 20,2018. 2. Distributed the common stock dividend on December 20 . 3. Approved a 2-for-1 stock split of the common stock on December 28, when the stock was selling for $20 per share. A. Show the cffect of the transactions on the accounting equation. B. How many common shares are outstanding at December 31. 2018 ? C. What effect will the stock split have on the stock's par value

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