Current Attempt in Progress Culver Company has two classes of capital stock outstanding: 7%, $100 par...
Sandhill Company has two classes of capital stock outstanding: 7%, $100 par preferred and $2 par common. At December 31, 2017, the following accounts were included in stockholders' equity. Preferred Stock, 40,000 shares Common stock. 800.000 shares Paid-in Capital in Excess of Par - Preferred Stock Paid-in Capital in Excess of Par - Common Stock Retained Earnings $4,000,000 1,600,000 240,000 19,200,000 12,900,000 The following transactions affected stockholders' equity during 2018. Jan. 1 - 500 shares of preferred stock issued at...
Sheffield Company has two classes of capital stock outstanding: 7%, $100 par preferred and $2 par common. At December 31, 2017, the following accounts were included in stockholders’ equity. Preferred Stock, 50,000 shares$ 5,000,000 Common stock, 1,200,000 shares2,400,000 Paid-in Capital in Excess of Par – Preferred Stock300,000 Paid-in Capital in Excess of Par – Common Stock28,800,000 Retained Earnings12,800,000 The following transactions affected stockholders’ equity during 2018. Jan. 1-500 shares of preferred stock issued at $ 108 per share. Mar. 21-110,000...
Sheffield Company has two classes of capital stock outstanding: 7%, $100 par preferred and $2 par common. At December 31, 2017, the following accounts were included in stockholders’ equity. Preferred Stock, 50,000 shares $ 5,000,000 Common stock, 1,200,000 shares 2,400,000 Paid-in Capital in Excess of Par – Preferred Stock 300,000 Paid-in Capital in Excess of Par – Common Stock 28,800,000 Retained Earnings 12,800,000 The following transactions affected stockholders’ equity during 2018. Jan. 1 - 500 shares of preferred stock issued...
Please explain! Hatch Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders' equity. Preferred Stock, 150,000 shares Common Stock, 2,000,000 shares Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock Retained Earnings $3,000,000 10,000,000 200,000 27,000,000 4,500,000 The following transactions affected stockholders' equity during 2021. Jan. 1 30,000 shares of preferred stock issued at $22 per share....
Current Attempt in Progress Blue Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders' equity. Preferred Stock, 149,400 shares Common Stock, 2,019,000 shares Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock Retained Earnings $ 2,988,000 10,095,000 206,000 26,815,000 4,485,000 The following transactions affected stockholders'equity during 2021. Jan. 1 31,100 shares of preferred stock issued at $24...
Shamrock Company has two classes of capital stock outstanding: 9%, $20 par preferred and $5 par common. At December 31, 2017, the following accounts were included in stockholders’ equity. Preferred Stock, 165,000 shares $ 3,300,000 Common Stock, 2,018,000 shares 10,090,000 Paid-in Capital in Excess of Par—Preferred Stock 204,000 Paid-in Capital in Excess of Par—Common Stock 27,531,000 Retained Earnings 4,490,000 The following transactions affected stockholders’ equity during 2018. Jan. 1 29,100 shares of preferred stock issued at $24 per share. Feb....
Wildhorse Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders’ equity. Preferred Stock, 159,600 shares $ 3,192,000 Common Stock, 1,970,000 shares 9,850,000 Paid-in Capital in Excess of Par—Preferred Stock 193,000 Paid-in Capital in Excess of Par—Common Stock 27,534,000 Retained Earnings 4,424,000 The following transactions affected stockholders’ equity during 2021. Jan. 1 29,100 shares of preferred stock issued at $22 per share. Feb....
Sarasota Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders’ equity. Preferred Stock, 148,200 shares $ 2,964,000 Common Stock, 1,991,000 shares 9,955,000 Paid-in Capital in Excess of Par—Preferred Stock 207,000 Paid-in Capital in Excess of Par—Common Stock 26,478,000 Retained Earnings 4,495,000 The following transactions affected stockholders’ equity during 2021. Jan. 1 29,200 shares of preferred stock issued at $23 per share. Feb....
Nash Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders’ equity. Preferred Stock, 148,100 shares $ 2,962,000 Common Stock, 1,961,000 shares 9,805,000 Paid-in Capital in Excess of Par—Preferred Stock 191,000 Paid-in Capital in Excess of Par—Common Stock 27,124,000 Retained Earnings 4,537,000 The following transactions affected stockholders’ equity during 2021. Jan. 1 28,400 shares of preferred stock issued at $24 per share. Feb....
Monty Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders’ equity. Preferred Stock, 141,000 shares $ 2,820,000 Common Stock, 2,000,000 shares 10,000,000 Paid-in Capital in Excess of Par—Preferred Stock 194,000 Paid-in Capital in Excess of Par—Common Stock 26,877,000 Retained Earnings 4,562,000 The following transactions affected stockholders’ equity during 2021. Jan. 1 31,500 shares of preferred stock issued at $22 per share. Feb....