Preferred stock | |||
Balance as on Jan 1 2017 | 258000 | ||
Balance as on December 31 2017 | 258000 |
Common stock | |||
Balance as on Jan 1 2017 | 852500 | ||
Issuance on Feb 1 | 15090 | ||
Balance as on December 31 2017 | 867590 |
Paid in capital in excess of par -Preferred stock | |||
Balance as on Jan 1 2017 | 12900 | ||
Balance as on December 31 2017 | 12900 |
Paid in capital in excess of stated value -common stock | |||
Balance as on Jan 1 2017 | 545600 | ||
Issue of shares on Feb 1 | 15090 | ||
Balance as on December 31 2017 | 560690 |
Retained earning | |||
Cash dividend | 247198 | Balance as on Jan 1 2017 | 687500 |
Net Income | 280100 | ||
Balance as on December 31 2017 | 720402 |
Treasury stock | |||
Balance as on Jan 1 2017 | 34400 | ||
March 20 Additional purchase | 15300 | ||
Balance as on December 31 2017 | 49700 |
Cash dividend | |||
Oct 1 | 20640 | Dec 31 | 247198 |
Dec 1 | 226558 | ||
Balance as on December 31 2017 | 0 |
c)
Partial Balance sheet as on December 31 2017 |
||
Stockholders equity | ||
Paid in capital | ||
Capital stock | ||
Preferred stock (8%,$100par non cumulative 4300 shares authorized] | 258000 | |
common stock | 867590 | |
Total capital stock | 1125590 | |
Additional paid in capital | ||
Paid in capital in excess of par -Preferred stock | 12900 | |
Paid in capital in excess of stated value-common stock | 560690 | |
Total additional paid in capital | 573590 | |
Total paid in capital | 1699180 | |
Retained earning | 720402 | |
Total paid in capital and retained earning | 2419582 | |
Less:Treasury stock | -49700 | |
Total stockholders equity | 2369882 |
Question 6 View Policies Current Attempt in Progress The stockholders' equity accounts of Blue Spruce Corp....
View Policies Current Attempt In Progress The stockholders' equity accounts of Pina Colada Corp. on January 1, 2017, were as follows. $249.000 1,437,499 12.450 Preferred Stock (7%, $100 par noncumulative, 4, 150 shares authorized) Common Stock (55 stated value, 345,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Pald-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (4,150 common shares) 694,000 33.200 During 2017, the corporation had the following transactions and events pertaining to its...
The stockholders' equity accounts of Blue Spruce Corp. on January 1.2022 were as follows. Preferred Stock 17%. $100 par noncumulative, 3.500 shares authorized) Common Stock ($4 stated value. 210,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (3.500 common shares) $210.000 700,000 10.500 336,000 481.600 28.000 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity, Feb. 1 Mar. 20 Oct...
Problem 11-02A (Part Level Submission) The stockholders' equity accounts of Blue Spruce Corp. on January 1, 2022, were as follows. Preferred Stock (7%, $100 par noncumulative, 13,000 shares authorized) Common Stock ($4 stated value, 780,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (13,000 common shares) $780,000 2,600,000 39,000 1,248,000 1,788,800 104,000 During 2022, the corporation had the following transactions and events pertaining to its stockholders'...
Problem 11-2A (Part Level Submission) The stockholders' equity accounts of Blue Spruce Corp. on January 1, 2017, were as follows. Preferred Stock (8%, $100 par noncumulative, 4,300 shares authorized) Common Stock ($3 stated value, 341,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (4,300 common shares) $258,000 852,500 12,900 545,600 687,500 34,400 During 2017, the corporation had the following transactions and events pertaining to its stockholders'...
The stockholders’ equity accounts of Blue Spruce Corp. on January 1, 2022, were as follows. Preferred Stock (7%, $100 par noncumulative, 13,000 shares authorized). 780,000 Common Stock ($4 stated value, 780,000 shares authorized). 2,600,000 Paid-in Capital in Excess of Par Value—Preferred Stock. 39,000 Paid-in Capital in Excess of Stated Value—Common Stock. 1,248,000 Retained Earnings. 1,788,800 Treasury Stock (13,000 common shares). 104,000 During 2022, the corporation had the following transactions and events pertaining to its stockholders’ equity. Feb. 1 Issued 13,000...
The stockholders' equity accounts of Swifty Corporation on January 1, 2017, were as follows. Preferred Stock (7%, $100 par noncumulative, 11,000 shares authorized) Common Stock ($4 stated value, 660,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (11,000 common shares) $660,000 2,200,000 33,000 1,056,000 1,513,600 88,000 During 2017, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 11,000 shares...
Anything helps! Thanks! Problem 11-2A The stockholders' equity accounts of Blue Spruce Corp. on January 1, 2017, were as follows. Preferred Stock (7%, $100 par noncumulative, 5,000 shares authorized) Common Stock ($4 stated value, 300,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess or Stated Value-Common Stock Retained Earnings Treasury Stock (5,000 common shares) $300,000 1,000,000 15,000 480,000 685,500 40,000 During 2017, the corporation had the following transactions and events pertaining to its stockholders'...
The stockholders' equity accounts of Bramble Corp. on January 1, 2022, were as follows. Preferred Stock (7%, $100 par noncumulative, 14,000 shares authorized) Common Stock ($4 stated value, 840,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (14,000 common shares) $340,000 2,800,000 42,000 1,344,000 1,926,400 112,000 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equi Feb. 1 Mar. 20 Oct....
Current Attempt In Progress The stockholders'equity accounts of Novak Corp. on January 1, 2022, were as follows. Preferred Stock (7%, $100 par noncumulative, 12,500 shares authorized) $750,000 Common Stock ($4 stated value, 750,000 shares authorized) 2,500,000 Paid-in Capital in Excess of Par Value-Preferred Stock 37,500 Paid-in Capital in Excess of Stated Value-Common Stock 1,200,000 Retained Earnings 1,720,000 Treasury Stock (12,500 common shares) 100,000 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1...
The stockholders' equity accounts of Riverbed Corp on January 1, 2017, were as follows. Preferred Stock (7%, $100 par noncumulative, 4,350 shares authorized) $261,000 Common Stock ($5 stated value, 291,000 shares authorized) 1,212,500 Paid-in Capital in Excess of Par Value-Preferred Stock 13,050 Paid-in Capital in Excess of Stated Value-Common Stock 465,600 Retained Earnings 710,000 Treasury Stock (4,350 common shares) 34,800 During 2017, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 4,670 shares...