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Problem 14-01A a-c (Part Level Submission)
(Video)
On January 1, 2020, Sandhill Corporation had the following
stockholders’ equity accounts.
Common Stock ($20 par value, 63,500 shares issued and
outstanding)
$1,270,000
Paid-in Capital in Excess of Par—Common Stock
197,000
Retained Earnings
564,000
During the year, the following transactions occurred.
Feb. 1
Declared a $2 cash dividend per share to stockholders of record
on February 15, payable March 1.
Mar. 1
Paid the dividend declared in February.
Apr. 1
Announced a 2-for-1...
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Problem 11-04A a-c (Video) (Part Level Submission)On January 1, 2020, Wildhorse Co. had the following stockholders’ equity accounts.Common Stock ($20 par value, 57,000 shares issued and outstanding)$1,140,000Paid-in Capital in Excess of Par—Common Stock194,000Retained Earnings593,000During the year, the following transactions occurred.Feb. 1Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1.Mar. 1Paid the dividend declared in February.Apr. 1Announced a 2-for-1 stock split. Prior to the split, the market price per share was $39.July 1Declared a 10% stock dividend to stockholders...
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On January 1, 2020, Blossom Corporation had the following
stockholders’ equity accounts.
Common Stock ($20 par value, 50,000 shares issued and
outstanding)
$1,000,000
Paid-in Capital in Excess of Par—Common Stock
190,000
Retained Earnings
550,000
During the year, the following transactions occurred.
Feb. 1
Declared a $1 cash dividend per share to stockholders of record
on February 15, payable March 1.
Mar. 1
Paid the dividend declared in February.
Apr. 1
Announced a 2-for-1 stock split. Prior to the split, the...
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Problem 14-01A a-c (Part Level Submission) (Video) On January 1, 2020, Wildhorse Corporation had the following stockholders' equity accounts. Common Stock ($24 par value, 63,000 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $1,512,000 206,000 636,000 During the year, the following transactions occurred. Feb. 1 Declared a $2 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2-for-1...
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Problem 14-01A a-c (Part Level Submission) (Video)
On January 1, 2020, Sandhill Corporation had the following
stockholders’ equity accounts.
Common Stock ($20 par value, 63,500 shares issued and
outstanding)
$1,270,000
Paid-in Capital in Excess of Par—Common Stock
197,000
Retained Earnings
564,000
During the year, the following transactions occurred.
Feb. 1
Declared a $2 cash dividend per share to stockholders of record
on February 15, payable March 1.
Mar. 1
Paid the dividend declared in February.
Apr. 1
Announced a 2-for-1...
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Problem 14-01A -c (Part Level Submission) (Video) On January 1, 2020, Pharoah Corporation had the following stockholders' equity accounts Common Stock ($26 par value, 62,000 shares issued and outstanding) $1,612,000 Pald-in Capital in Excess of Par-Common Stock 203,000 Retained Earnings 569,000 During the year, the following transactions occurred. Feb. 1 Declared a $2 cash dividend per share to stockholders of record on February 15, avane March 1 Mar. 1 Paid the dividend declared in February Apr. 1 Announced a 2-for-1...
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Problem 14-01A a-c (Video) On January 1, 2020, Blossom Corporation had the following stockholders' equity accounts. Common Stock ($26 par value, 55,500 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $1,443,000 202,000 637,000 During the year, the following transactions occurred. Feb. 1 Declared a $3 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2-for-1 stock split. Prior...
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Problem 14-01A a-c (Video) On January 1, 2020, Oriole Corporation had the following stockholders' equity accounts. Common Stock ($26 par value, 52,500 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $1,365,000 191,000 579,000 During the year, the following transactions occurred. Feb. 1 Declared a $2 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2-for-1 stock split. Prior...
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Problem 14-01A a-c (Video) On January 1, 2020, Cullumber Corporation had the following stockholders' equity accounts. Common Stock ($24 par value, 59,000 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $1,416,000 197,000 559,000 During the year, the following transactions occurred. Feb. 1 Declared a $3 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2-for-1 stock split. Prior...
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Problem 14-01A - (Part Level Submission) (Video) On January 1, 2020, Wildhorse Corporation had the following stockholders' equity Common Stock (124 per value, 63,000 shares issued and outstanding) $1,512,000 Pald-in Capital in Bocess of Par-Common Stock 206,000 Retained Earnings 636,000 During the year, the following transactions occurred. Feb. 1 Declared a $2 cash dividend per share to stockholders of record on February 15, payable March 1. Mar 1 Paid the dividend declared in February. Apr 1 Announced a 2-for-stock split....
![Journal Entry Date Feb. 1 Credit Debit $1,27,000 [63500 x $2] $1,27,000 Mar. 1 $1,27,000 $1,27,000 Apr. 1 July. 1 $2,85,750 [](http://img.homeworklib.com/questions/e0f950c0-6f69-11ea-9698-c3243f805f46.png?x-oss-process=image/resize,w_560)
Problem 14-01A a-c (Part Level Submission)
(Video)
On January 1, 2020, Sandhill Corporation had the following
stockholders’ equity accounts.
Common Stock ($20 par value, 63,500 shares issued and
outstanding)
$1,270,000
Paid-in Capital in Excess of Par—Common Stock
197,000
Retained Earnings
564,000
During the year, the following transactions occurred.
Feb. 1
Declared a $2 cash dividend per share to stockholders of record
on February 15, payable March 1.
Mar. 1
Paid the dividend declared in February.
Apr. 1
Announced a 2-for-1...
On January 1, 2020, Blossom Corporation had the following
stockholders’ equity accounts.
Common Stock ($20 par value, 50,000 shares issued and
outstanding)
$1,000,000
Paid-in Capital in Excess of Par—Common Stock
190,000
Retained Earnings
550,000
During the year, the following transactions occurred.
Feb. 1
Declared a $1 cash dividend per share to stockholders of record
on February 15, payable March 1.
Mar. 1
Paid the dividend declared in February.
Apr. 1
Announced a 2-for-1 stock split. Prior to the split, the...
Problem 14-01A a-c (Part Level Submission) (Video) On January 1, 2020, Wildhorse Corporation had the following stockholders' equity accounts. Common Stock ($24 par value, 63,000 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $1,512,000 206,000 636,000 During the year, the following transactions occurred. Feb. 1 Declared a $2 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2-for-1...
Problem 14-01A a-c (Part Level Submission) (Video)
On January 1, 2020, Sandhill Corporation had the following
stockholders’ equity accounts.
Common Stock ($20 par value, 63,500 shares issued and
outstanding)
$1,270,000
Paid-in Capital in Excess of Par—Common Stock
197,000
Retained Earnings
564,000
During the year, the following transactions occurred.
Feb. 1
Declared a $2 cash dividend per share to stockholders of record
on February 15, payable March 1.
Mar. 1
Paid the dividend declared in February.
Apr. 1
Announced a 2-for-1...
Problem 14-01A -c (Part Level Submission) (Video) On January 1, 2020, Pharoah Corporation had the following stockholders' equity accounts Common Stock ($26 par value, 62,000 shares issued and outstanding) $1,612,000 Pald-in Capital in Excess of Par-Common Stock 203,000 Retained Earnings 569,000 During the year, the following transactions occurred. Feb. 1 Declared a $2 cash dividend per share to stockholders of record on February 15, avane March 1 Mar. 1 Paid the dividend declared in February Apr. 1 Announced a 2-for-1...
Problem 14-01A a-c (Video) On January 1, 2020, Blossom Corporation had the following stockholders' equity accounts. Common Stock ($26 par value, 55,500 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $1,443,000 202,000 637,000 During the year, the following transactions occurred. Feb. 1 Declared a $3 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2-for-1 stock split. Prior...
Problem 14-01A a-c (Video) On January 1, 2020, Oriole Corporation had the following stockholders' equity accounts. Common Stock ($26 par value, 52,500 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $1,365,000 191,000 579,000 During the year, the following transactions occurred. Feb. 1 Declared a $2 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2-for-1 stock split. Prior...
Problem 14-01A a-c (Video) On January 1, 2020, Cullumber Corporation had the following stockholders' equity accounts. Common Stock ($24 par value, 59,000 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $1,416,000 197,000 559,000 During the year, the following transactions occurred. Feb. 1 Declared a $3 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2-for-1 stock split. Prior...
Problem 14-01A - (Part Level Submission) (Video) On January 1, 2020, Wildhorse Corporation had the following stockholders' equity Common Stock (124 per value, 63,000 shares issued and outstanding) $1,512,000 Pald-in Capital in Bocess of Par-Common Stock 206,000 Retained Earnings 636,000 During the year, the following transactions occurred. Feb. 1 Declared a $2 cash dividend per share to stockholders of record on February 15, payable March 1. Mar 1 Paid the dividend declared in February. Apr 1 Announced a 2-for-stock split....