Problem 15-8 Riverbed Company provides you with the following condensed balance sheet information Assets Current assets...
Problem 15-8 Sheridan Company provides you with the following condensed balance sheet information: Assets Current assets $ 37,600 Equity investments 58,800 Equipment (net) 248,300 Intangibles 59,800 Total assets $404,500 Liabilities and Stockholders’ Equity Current and long-term liabilities $107,900 Stockholders’ equity Common stock ($5 par) $ 20,800 Paid-in capital in excess of par 117,100 Retained earnings 158,700 296,600 Total liabilities and stockholders’ equity: $404,500 For each transaction below, indicate the dollar impact (if any) on the following five items: (1) total...
Problem 15-08 Sweet Company provides you with the following condensed balance sheet information: Assets Current assets $ 43,100 Equity investments 65,400 Equipment (net) 262,700 Intangibles 65,300 Total assets $436,500 Liabilities and Stockholders’ Equity Current and long-term liabilities $108,500 Stockholders’ equity Common stock ($5 par) $ 20,200 Paid-in capital in excess of par 117,700 Retained earnings 190,100 328,000 Total liabilities and stockholders’ equity $436,500 For each of the following transactions, indicate the dollar impact (if any) on the following five items:...
Kingbird Company provides you with the following condensed balance sheet information Assets Current assets Equity investments Equipment (net) Intangibles $ 43,900 64,800 238,100 58,300 $405,100 Total assets Liabilities and Stockholders' Equity Current and long-term liabilities Stockholders' equity $102,000 Common stock ($5 par) Paid-in capital in excess of par Retained earnings $ 19,900 112,800 170,400 303,100 Total liabilities and stockholders' equity $405,100 For each transaction below, indicate the dollar impact (if any) on the following five items: (1) total assets, (2)...
SS Company provides you with the following condensed balance sheet information: Assets (5) Total stockholders equity Current assets Equity investments Equipment (net) Intangibles 43,900 64,BOO 238,100 5B,300 $405,100 (c) akmuas declares and issues a 30% stock dividend when the market price of the stock is S 14 per share. Total assets (1) Total assets Liabilities and Stockholders Equity Current and long-term liabilities Stockholders' equity $102,000 (2) Common stock Common stock ($5 par》 Paid-in capital in excess of par Retained earnings...
Bonita Company provides you with the following condensed balance sheet information: $ 42,600 58,800 247,500 64,100 $413,000 Assets Current assets Equity investments Equipment (net) Intangibles Total assets Liabilities and Stockholders' Equity Current and long-term liabilities Stockholders' equity Common stock ($5 par) $ 20,500 Paid-in capital in excess of par 114,600 Retained earnings 173,100 Total liabilities and stockholders' equity $104,800 308.200 $413,000 For each of the following transactions, indicate the dollar impact (if any) on the following five items: (1) total...
Sheffield Company provides you with the following condensed balance sheet information: $36,800 58,800 235,700 54,600 $385,900 Assets Current assets Equity investments Equipment (net) Intangibles Total assets Liabilities and Stockholders' Equity Current and long-term liabilities Stockholders' equity Common stock ($5 par) $ 21,100 Paid-in capital in excess of par 110,200 Retained earnings 155,200 Total liabilities and stockholders' equity $99,400 286,500 $385,900 For each of the following transactions, indicate the dollar impact (if any) on the following five items: (1) total assets,...
Assets Liabilities and Stockholders’ Equity Current assets $ 78,000 Current and long-term liabilities $120,000 Equity investments (Liquid Co stock; Stockholders’ equity 40,000 shares at cost) 124,000 Common stock ($1 par) $ 41,000 Equipment (net) 189,000 Paid-in capital in excess of par 189,000 Intangibles 90,000 Retained earnings 131,000 361,000 Total assets $481,000 Total liabilities and SE $481,000 Instructions For each transaction below record the journal entry: Wellington declares and distributes a property dividend. Wellington gives one share of Liquid Co. stock for every four...
The stockholders' equity section of Jun Company's balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 10% stock dividend. The stock's per share market value on April 2 is $10 (prior to the dividend) Common stock-$5 par value, 495,000 shares authorized, 260,000 shares issued and outstanding $1,300,006 Paid-in capital in excess of par value, common stock 610,000 893,000 $2,803,000 Retained earnings Total stockholders' equity Prepare the stockholders' equity section immediately after the stock dividend...
The stockholders’ equity section of Jun Company’s balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 20% stock dividend. The stock’s per share market value on April 2 is $10 (prior to the dividend). QS 13-7 Accounting for small stock dividend LO P2 The stockholders' equity section of Jun Company's balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 20% stock dividend. The stock's per share market value...
The stockholders' equity section of Jun Cos balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 10% stock dividend. The stock's per share market value on April 2 is $25 (prior to the dividend). Common stock-$5 par value, 455, eee shares authorized, 240,eee shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,2ee, eee 570,000 873, eee $2,643,000 Prepare the stockholders' equity section immediately after...