The balance sheet of Consolidated Paper, Inc., included the following shareholders' equity accounts at December 31,...
Listed below are the transactions that affected the shareholders' equity of Branch-Rickie Corporation during the period 2018-2020. At December 31, 2017, the corporation's accounts included: Common stock, 110 million shares at $1 par Paid-in capital-excess of par Retained earnings ($ in 000s) $110,000 660,000 890,000 a. November 1, 2018, the board of directors declared a cash dividend of $0.60 per share on its common shares, payable to shareholders of record November 15, to be paid December 1. b. On March...
The balance sheet of Consolidated Paper, Inc., included the following shareholders' equity accounts at December 31, 2017: Paid-in capital: Preferred stock, 7.5%, 92,000 shares at $1 par Common stock, 424,280 shares at $1 par Paid-in capital-excess of par, preferred Paid in capital-excess of par, common Retained earnings Treasury stock, at cost; 4,200 common shares Total shareholders' equity 92,000 424, 20e 1,535,000 2,585,000 9, 145, eee (46,200) $13,735,869 During 2018, several events and transactions affected the retained earnings of Consolidated Paper...
Kohler Corporation reports the following components of stockholders’ equity at December 31, 2018. Common stock—$25 par value, 100,000 shares authorized, 60,000 shares issued and outstanding $ 1,500,000 Paid-in capital in excess of par value, common stock 80,000 Retained earnings 370,000 Total stockholders' equity $ 1,950,000 During 2019, the following transactions affected its stockholders’ equity accounts. Jan. 2 Purchased 4,500 shares of its own stock at $20 cash per share. Jan. 5 Directors declared a $6 per share cash dividend payable...
The balance sheet of Consolidated Paper, Inc., Included the following shareholders' equity accounts at December 31, 2020: Paid-in capital: Preferred stock, 8.8%, 95, eee shares at $i par Common stock, 454,500 shares at $1 par Paid-in capital-excess of par, preferred Paid-in capital-excess of par, common Retained earnings Treasury stock, at cost; 4,500 common shares Total shareholders' equity $ 95, eee 454,500 1,565,000 2,615, cee 9,445, eee (49,500) $14,125,000 During 2021, several events and transactions affected the retained earnings of Consolidated...
Kohler Corporation reports the following components of stockholders' equity on December 31, 2016 Common stock-$20 par value, 1ee,eee shares authorized, 40,eee shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $ see,eee 60,eee 430, eee Total stockholders' equity $1,290,e0e In year 2017, the following transactions affected its stockholders' equity accounts Jan. 1 Purchased 4,0ee shares of its own stock at $20 cash per share. 5 Directors declared a $6 per share cash dividend payable...
The shareholders' equity of Core Technologies Company on June 30, 2017, included the following: Common stock, $1 par; authorized, 6 million shares; issued and outstanding, 1 million shares Paid-in capital-excess of par Retained earnings $ 1,800,000 4,000,000 15,000,000 On April 1, 2018, the board of directors of Core Technologies declared a 10% stock dividend on common shares, to be distributed on June 1. The market price of Core Technologies' common stock was $34 on April 1, 2018, and $44 on...
National Supply's shareholders' equity included the following accounts at December 31, 2020: Shareholders' Equity Common stock, 9 million shares at $1 par Paid-in capital-excess of par Retained earnings $ 9,000,000 63,000,000 92,500,000 Required: 1. National Supply reacquired shares of its common stock in two separate transactions and later sold shares. Prepare the entries for each of the transactions under each of two separate assumptions: the shares are (a) retired and (b) accounted for as treasury stock. February 15, 2021 February...
The shareholders' equity of Core Technologies Company on June 30, 2017, included the following: Common stock, $1 par; authorized, 7 million shares; issued and outstanding, 3 million shares Paid-in capital excess of par Retained earnings $ 3.000.000 12,000,000 16.000.000 On April 1, 2018, the board of directors of Core Technologies declared a 10% stock dividend on common shares, to be distributed on June 1. The market price of Core Technologies' common stock was $36 on April 1, 2018, and $46...
National Supply's shareholders' equity included the following accounts at December 31, 2020: 1 Shareholders' Equity Common stock, 7 million shares at $1 par Paid-in capital-excess of par Retained earnings $ 7,000,000 49,000,000 77,500,000 00:37:23 Required: 1. National Supply reacquired shares of its common stock in two separate transactions and later sold shares. Prepare the entries for each of the transactions under each of two separate assumptions: the shares are (a) retired and (b) accounted for as treasury stock. February 15,...
Please don't write by hand. I can't read it clearly The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow. Stockholders' Equity January 1 Common stock-$4 par value, 100, 000 shares authorized, 40,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 160,000 120,000 320,000 $ 600,000 Stockholders' Equity (December 31) Common stock-$4 par value, 100, 000 shares...