Question

Problem 1 (20pts) Rocklin Corporation reports the following components of stockholders equity o December 31, 2009. Common Sto
0 0
Add a comment Improve this question Transcribed image text
Answer #1

77 77 Jan 1181,500 - Journal entries for Rocklin Corporation. hate . Particulars Debit (6) Credit (8) 1st Jan Treasury stock135,000 Commondind and Payable Cash 135,000 (Being common dividend paid) 388000 31st Dec Income Summary Retained. Earnings. 3

Add a comment
Know the answer?
Add Answer to:
Problem 1 (20pts) Rocklin Corporation reports the following components of stockholders equity o December 31, 2009....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Kohler Corporation reports the following components of stockholders' equity on December 31, 2017 Common stock-$25...

    Kohler Corporation reports the following components of stockholders' equity on December 31, 2017 Common stock-$25 par value, 1ee,eee shares authorized, 55,e00 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,375, eee 7e, eee 400,e00 $1,845,000 In year 2018, the following transactions affected its stockholders' equity accounts. 1 Purchased 4,500 shares of its Own stock at $20 cash per share. 5 Directors declared a $4 per share cash dividend payable on...

  • Kohler Corporation reports the following components of stockholders’ equity on December 31, 2017. Common stock—$15 par...

    Kohler Corporation reports the following components of stockholders’ equity on December 31, 2017. Common stock—$15 par value, 100,000 shares authorized, 40,000 shares issued and outstanding $ 600,000 Paid-in capital in excess of par value, common stock 80,000 Retained earnings 400,000 Total stockholders' equity $ 1,080,000 In year 2018, the following transactions affected its stockholders’ equity accounts. Jan. 1 Purchased 4,500 shares of its own stock at $15 cash per share. Jan. 5 Directors declared a $2 per share cash dividend...

  • Kohler Corporation reports the following components of stockholders’ equity at December 31, 2018. Common stock—$15 par...

    Kohler Corporation reports the following components of stockholders’ equity at December 31, 2018. Common stock—$15 par value, 100,000 shares authorized, 55,000 shares issued and outstanding $ 825,000 Paid-in capital in excess of par value, common stock 70,000 Retained earnings 400,000 Total stockholders' equity $ 1,295,000 During 2019, the following transactions affected its stockholders’ equity accounts. Jan. 2 Purchased 4,500 shares of its own stock at $25 cash per share. Jan. 5 Directors declared a $4 per share cash dividend payable...

  • Kohler Corporation reports the following components of stockholders' equity at December 31, 2018 3.34 points Common...

    Kohler Corporation reports the following components of stockholders' equity at December 31, 2018 3.34 points Common stock-$10 par value, 1ee, eee shares authorized, 5e,eee shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ See, ce 89, eee 43e, eee $1,818,eee BOOK During 2019, the following transactions affected its stockholders' equity accounts. Jan. Jan. Feb. July Aug. Sept. Oct. Dec. 2 Purchased 4,5ee shares of its own stock at $25 cash...

  • Kohler Corporation reports the following components of stockholders' equity on December 31, 2016 $ Common stock-$15...

    Kohler Corporation reports the following components of stockholders' equity on December 31, 2016 $ Common stock-$15 par value, 100,000 shares authorized, 50,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 750,000 80,000 480,000 1,230,000 $ In year 2017, the following transactions affected its stockholders' equity accounts. Jan. 1Purchased 4,500 shares of its own stock at $20 cash per share. Jan. 5 Directors declared a $4 per share cash dividend payable...

  • Kohler Corporation reports the following components of stockholders’ equity on December 31, 2017. Common stock—$20 par...

    Kohler Corporation reports the following components of stockholders’ equity on December 31, 2017. Common stock—$20 par value, 100,000 shares authorized, 55,000 shares issued and outstanding $ 1,100,000 Paid-in capital in excess of par value, common stock 80,000 Retained earnings 460,000 Total stockholders' equity $ 1,640,000 In year 2018, the following transactions affected its stockholders’ equity accounts. Jan. 1 Purchased 4,500 shares of its own stock at $15 cash per share. Jan. 5 Directors declared a $4 per share cash dividend...

  • Kohler Corporation reports the following components of stockholders equity on December 31, 2013:

    Kohler Corporation reports the following components of stockholders equity on December 31, 2013: Common Stock-$10 par value, 100,000 shares authorized, 40,000 shares issued and outstanding.$400,000Paid-in capital in excess of par value, common stock60,000Retained Earnings270,000Total Stockholders' Equity$730,000 In 2014, the following transactions affected its stockholders' equity accounts. Jan. 1: Purchased 4,000 shares of its own stock at $20 cash per share. Jan. 5: Directors declared a $2 per share cash dividend payable on Feb. 28 to the stockholder of record. Feb 28: Paid the dividend declared...

  • Kohler Corporation reports the following components of stockholders’ equity at December 31, 2018. Common stock—$15 par...

    Kohler Corporation reports the following components of stockholders’ equity at December 31, 2018. Common stock—$15 par value, 100,000 shares authorized, 55,000 shares issued and outstanding $ 825,000 Paid-in capital in excess of par value, common stock 70,000 Retained earnings 400,000 Total stockholders' equity $ 1,295,000 During 2019, the following transactions affected its stockholders’ equity accounts. Jan. 2 Purchased 4,500 shares of its own stock at $25 cash per share. Jan. 5 Directors declared a $4 per share cash dividend payable...

  • Kohler Corporation reports the following components of stockholders’ equity at December 31, 2018.

    Kohler Corporation reports the following components of stockholders’ equity at December 31, 2018. Common stock—$10 par value, 100,000 shares authorized,45,000 shares issued and outstanding$450,000Paid-in capital in excess of par value, common stock80,000Retained earnings430,000Total stockholders' equity$960,000 During 2019, the following transactions affected its stockholders’ equity accounts. Jan.2Purchased 5,000 shares of its own stock at $25 cash per share.Jan.5Directors declared a $4 per share cash dividend payable on February 28 to the February 5 stockholders of record.Feb.28Paid the dividend declared on January 5.July6Sold 1,875 of...

  • Kohler Corporation reports the following components of stockholders' equity on December 31, 2016: o utstand 10....

    Kohler Corporation reports the following components of stockholders' equity on December 31, 2016: o utstand 10. Common stock-$10 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 $ 400.000 60.000 270.000 $ 730,000 In year 2017, the following transactions affected its stockholders' equity accounts Jan. 1 Purchased 4,000 shares of its own stock at $20 cash per share. Jan. 5 Directors declared a $2 per...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT