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E15.17 (LO 4) (Stockholders' Equity Section) Bruno Corporation's post-closing trial balance at December 31, 2020, is...
Exercise 15-17 Windsor Corporation's post-closing trial balance at December 31, 2020, is shown as follows. WINDSOR...
Exercise 15-17 Windsor Corporation's post-closing trial balance at December 31, 2020, is shown as follows. WINDSOR CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2020 Dr. Cr. $ 345,900 $ 488,000 183,000 1,380,000 169,000 33,000 273,000 Accounts payable Accounts receivable Accumulated depreciation-buildings Additional paid-in capital in excess of par-common From treasury stock Allowance for doubtful accounts Bonds payable Buildings Cash Common stock ($1 par) Dividends payable (preferred stock-cash) Inventory Land Preferred stock ($50 par) Prepaid expenses Retained earnings Treasury stock (common at...
_ Cr. $ 319,400 181,000 BONITA CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2020 Dr. _ Accounts...
_ Cr. $ 319,400 181,000 BONITA CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2020 Dr. _ Accounts payable Accounts receivable $ 469,000 Accumulated depreciation-buildings Additional paid-in capital in excess of par-common From treasury stock Allowance for doubtful accounts Bonds payable Buildings 1,328,000 Cash 208,000 Common stock ($1 par) Dividends payable (preferred stock-cash) Inventory 547,000 387,000 Preferred stock ($50 par) Prepaid expenses 37,000 Retained earnings Treasury stock (common at cost) 179,000 Totals $3,155,000 1,198,000 167,000 28,000 277,000 184,000 3,600 Land 500,000 297,000...
Prepare the liability and the stockholders equity section of Cleve's balance sheet at December 31, 2020...
Prepare the liability and the stockholders equity section of
Cleve's balance sheet at December 31, 2020 including disclosures.
Given the information above.
Cleves Corporatiorn Post-Closing Trial Balance December 31, 2020 Account Debit Credit 310,000 Accounts Payable Accounts Receivable Accumulated Depreciation Building.s Additional Paid-in Capital in Excess of Par - Common Additional Paid-in Capital from Treasury Stock Allowance for Doubtful Accounts Bonds Payable, 8% due 2025 Buildings Cash Common Stock ($1 par) Discount on Bonds Payable Dividends Payable (preferred stock -...
Exercise 15-17 Headland Corporation’s post-closing trial balance at December 31, 2017, is shown as follows. HEADLAND...
Exercise 15-17 Headland Corporation’s post-closing trial balance at December 31, 2017, is shown as follows. HEADLAND CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2017 Dr. Cr. Accounts payable $ 170,300 Accounts receivable $ 491,000 Accumulated depreciation—buildings 188,000 Additional paid-in capital in excess of par—common 1,383,000 From treasury stock 152,000 Allowance for doubtful accounts 31,000 Bonds payable 318,000 Buildings 1,416,000 Cash 205,000 Common stock ($1 par) 216,000 Dividends payable (preferred stock—cash) 3,700 Inventory 533,000 Land 407,000 Preferred stock ($50 par) 500,000 Prepaid...
Exercise 15-17 Headland Corporation’s post-closing trial balance at December 31, 2017, is shown a...
Exercise 15-17
Headland Corporation’s post-closing trial balance at December
31, 2017, is shown as follows.
HEADLAND CORPORATION
POST-CLOSING TRIAL BALANCE
DECEMBER 31, 2017
Dr.
Cr.
Accounts payable
$ 361,400
Accounts receivable
$ 527,000
Accumulated depreciation—buildings
176,000
Additional paid-in capital in excess
of par—common
1,385,000
From treasury stock
147,000
Allowance for doubtful accounts
29,000
Bonds payable
316,000
Buildings
1,573,000
Cash
205,000
Common stock ($1 par)
198,000
Dividends payable (preferred stock—cash)
3,600
Inventory
555,000
Land
427,000
Preferred stock ($50 par)
550,000
Prepaid...
1) prepare a stickholders equity section at December 31, 2020. The post-closing trial balance of Blossom...
1) prepare a stickholders equity section at December 31,
2020.
The post-closing trial balance of Blossom Corporation at December 31, 2020, contains the following stockholders' equity accounts. Preferred Stock (14,000 shares issued) Common Stock (240,000 shares issued) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock Common Stock Dividends Distributable Retained Earnings $700,000 2,400,000 240,000 380,000 240,000 966,500 A review of the accounting records reveals the following. 1. 2. 3. 5. 6. No errors have...
The post-closing trial balance of Blossom Corporation at December 31, 2020, contains the following stockholders' equity...
The post-closing trial balance of Blossom Corporation at December 31, 2020, contains the following stockholders' equity accounts. Preferred Stock (14,000 shares issued) Common Stock (240,000 shares issued) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock Common Stock Dividends Distributable Retained Earnings $700,000 2,400,000 240,000 380,000 240,000 966,500 A review of the accounting records reveals the following. 1. 2. 3. 5. 6. No errors have been made in recording 2020 transactions or in preparing the...
The post-closing trial balance of Blossom Corporation at December 31, 2020, contains the following stockholders' equity...
The post-closing trial balance of Blossom Corporation at December 31, 2020, contains the following stockholders' equity accounts. Preferred Stock (14,000 shares issued) Common Stock (240,000 shares issued) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock Common Stock Dividends Distributable Retained Earnings $700,000 2,400,000 240,000 380,000 240,000 966,500 A review of the accounting records reveals the following. 1. 2. 3. 6. No errors have been made in recording 2020 transactions or in preparing the closing...
The post-closing trial balance of Harmon Corporation as of December 31, 2020, contains the following stockholders’...
The post-closing trial balance of Harmon Corporation as of December 31, 2020, contains the following stockholders’ equity accounts. Preferred Stock (15,000 shares issued) - $750,000 Common Stock (250,000 shares issued) - 2,500,000 Paid-in Capital in Excess of Par-Preferred Stock - 250,000 Paid-in Capital in Excess of Par-Common Stock - 400,000 Common Stock Dividends Distributable - 250,000 Retained Earnings - ??? The following items were revealed during a review of the accounting records. a. No errors were made during the recording...
The post-closing trial balance of Pharoah Corporation at December 31, 2020, contains the following stockholders’ equity...
The post-closing trial balance of Pharoah Corporation at December 31, 2020, contains the following stockholders’ equity accounts. Preferred Stock (15,200 shares issued)$760,000 Common Stock (258,000 shares issued)2,580,000 Paid-in Capital in Excess of Par—Preferred Stock258,000 Paid-in Capital in Excess of Par—Common Stock380,000 Common Stock Dividends Distributable258,000 Retained Earnings968,470 A review of the accounting records reveals the following. 1.No errors have been made in recording 2020 transactions or in preparing the closing entry for net income. 2.Preferred stock is $50 par, 6%,...
Exercise 15-17 Windsor Corporation's post-closing trial balance at December 31, 2020, is shown as follows. WINDSOR CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2020 Dr. Cr. $ 345,900 $ 488,000 183,000 1,380,000 169,000 33,000 273,000 Accounts payable Accounts receivable Accumulated depreciation-buildings Additional paid-in capital in excess of par-common From treasury stock Allowance for doubtful accounts Bonds payable Buildings Cash Common stock ($1 par) Dividends payable (preferred stock-cash) Inventory Land Preferred stock ($50 par) Prepaid expenses Retained earnings Treasury stock (common at...
_ Cr. $ 319,400 181,000 BONITA CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2020 Dr. _ Accounts payable Accounts receivable $ 469,000 Accumulated depreciation-buildings Additional paid-in capital in excess of par-common From treasury stock Allowance for doubtful accounts Bonds payable Buildings 1,328,000 Cash 208,000 Common stock ($1 par) Dividends payable (preferred stock-cash) Inventory 547,000 387,000 Preferred stock ($50 par) Prepaid expenses 37,000 Retained earnings Treasury stock (common at cost) 179,000 Totals $3,155,000 1,198,000 167,000 28,000 277,000 184,000 3,600 Land 500,000 297,000...
Prepare the liability and the stockholders equity section of
Cleve's balance sheet at December 31, 2020 including disclosures.
Given the information above.
Cleves Corporatiorn Post-Closing Trial Balance December 31, 2020 Account Debit Credit 310,000 Accounts Payable Accounts Receivable Accumulated Depreciation Building.s Additional Paid-in Capital in Excess of Par - Common Additional Paid-in Capital from Treasury Stock Allowance for Doubtful Accounts Bonds Payable, 8% due 2025 Buildings Cash Common Stock ($1 par) Discount on Bonds Payable Dividends Payable (preferred stock -...
Exercise 15-17
Headland Corporation’s post-closing trial balance at December
31, 2017, is shown as follows.
HEADLAND CORPORATION
POST-CLOSING TRIAL BALANCE
DECEMBER 31, 2017
Dr.
Cr.
Accounts payable
$ 361,400
Accounts receivable
$ 527,000
Accumulated depreciation—buildings
176,000
Additional paid-in capital in excess
of par—common
1,385,000
From treasury stock
147,000
Allowance for doubtful accounts
29,000
Bonds payable
316,000
Buildings
1,573,000
Cash
205,000
Common stock ($1 par)
198,000
Dividends payable (preferred stock—cash)
3,600
Inventory
555,000
Land
427,000
Preferred stock ($50 par)
550,000
Prepaid...
1) prepare a stickholders equity section at December 31,
2020.
The post-closing trial balance of Blossom Corporation at December 31, 2020, contains the following stockholders' equity accounts. Preferred Stock (14,000 shares issued) Common Stock (240,000 shares issued) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock Common Stock Dividends Distributable Retained Earnings $700,000 2,400,000 240,000 380,000 240,000 966,500 A review of the accounting records reveals the following. 1. 2. 3. 5. 6. No errors have...
The post-closing trial balance of Blossom Corporation at December 31, 2020, contains the following stockholders' equity accounts. Preferred Stock (14,000 shares issued) Common Stock (240,000 shares issued) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock Common Stock Dividends Distributable Retained Earnings $700,000 2,400,000 240,000 380,000 240,000 966,500 A review of the accounting records reveals the following. 1. 2. 3. 5. 6. No errors have been made in recording 2020 transactions or in preparing the...
The post-closing trial balance of Blossom Corporation at December 31, 2020, contains the following stockholders' equity accounts. Preferred Stock (14,000 shares issued) Common Stock (240,000 shares issued) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock Common Stock Dividends Distributable Retained Earnings $700,000 2,400,000 240,000 380,000 240,000 966,500 A review of the accounting records reveals the following. 1. 2. 3. 6. No errors have been made in recording 2020 transactions or in preparing the closing...
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