Show transcribed image text Tropical Co. declared a crash divided of $30,000. On the date of declara

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Show transcribed image text Tropical Co. declared a crash divided of $30,000. On the date of declaration there is a (an) Valor Company issued 5,000 shares of $1 per share, providing the company with $150,000 in cash. What effect in addition to the increase in cash, does this transaction have on the accounting equation for Valor? When a company declares a stock dividend which of the following occurs? Manson World reported the following: Common stock. $1 par 200,000 shares authorized. 100,000 shares issued and outstanding What is the effect of a 2-for-1 stock split if the market value of the common stock is $20 per share when the stock spirt is declared? How is treasury stock shown on the balance sheet?

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