Homework Answers
| 01-Sep | Cash | 104500 | (9500*11) | |
| Paid in capital from treasury stock | 23000 | |||
| Retained earnings | 15000 | |||
| Treasury stock | 142500 | (9500*15) | ||
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CALCULATOR PRINTER VERSIONイBACK NEXT RCES Exercise 13-07 a-b (Part Level Submission) On January 1, 2020, the...
FULL SCREEN PRINTER VERSION BACK NEXT Exercise 11-9 On January 1, 2019, the stockholders' equity section...
FULL SCREEN PRINTER VERSION BACK NEXT Exercise 11-9 On January 1, 2019, the stockholders' equity section of Matlock, Inc. shows common stock (54 par value) $1,200,000; pad in capital in excess of par $1,050,000; and retained earnings $1,240,000 During the year, the following treasury stock transactions occurred Mar 1 Purchased 51,000 shares for cash at $15 per share July 1 Sold 11,000 treasury shares for cash at $17 per share Sept. 1 Sold 9,000 treasury shares for cash at $14...
CALCULATOR PRINTER VERSION BACK Problem 14-01A - (Part Level Submission) (Video) on January 1, 2020, Wildhorse...
CALCULATOR PRINTER VERSION BACK Problem 14-01A - (Part Level Submission) (Video) on January 1, 2020, Wildhorse Corporation had the following stockholders' equity accounts Common Stock (524 par value, 63,000 shares issued and outstanding) $1,512,000 Paid-in Capital in Excess 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...
CALCULATOR PRINTER VERSION BACK NEXT Problem - Part Level Submission) (Video) On January 1, 2020, Pharoah Corporat...
CALCULATOR PRINTER VERSION BACK NEXT Problem - Part Level Submission) (Video) On January 1, 2020, Pharoah Corporation had the following stockhok Common Stock ($26 par value, 62,000 shares issued and outstanding Paid-in Capital in Excess of Par-Common Stock 6 Retained Earnings . During the year, the following transactions occurred. Feb. 1 Declared a $2 cash dividend per share ders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February Apr. 1 Announced a 2-for-1...
Problem 13-02A a-c (Part Level Submission) Riverbed Corporation had the following stockholders' equity accounts on January...
Problem 13-02A a-c (Part Level Submission) Riverbed Corporation had the following stockholders' equity accounts on January 1, 2020: Common Stock ($5 par) $550,000, Paid-in Capital in Excess of Par-Common n)Stock $200,000, and Retained Earnings $120,000. In 2020, the company had the foilowing treasury stock transactions on Mar. 1 Purchased 6,500 shares at $8 per share June 1 Sold 1,500 shares at $13 per share Sept.1 Sold 1,500 shares at $10 per share. Dec. 1 Sold 1,000 shares at $6 per...
CALCULATOR PRINTER VERSION BACK NE Exercise 11-13 On January 1, Novak Corp. had 99,000 shares of...
CALCULATOR PRINTER VERSION BACK NE Exercise 11-13 On January 1, Novak Corp. had 99,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following occurred. Apr. 1 June 15 July 10 Dec. 1 15 Issued 25,500 additional shares of common stock for $17 per share. Declared a cash dividend of $1 per share to stockholders of record on June 30. Paid the $1 cash dividend. Issued 3,000...
On January 1, 2020, the stockholders’ equity section of Blue Spruce Corporation shows common stock ($4...
On January 1, 2020, the stockholders’
equity section of Blue Spruce Corporation shows common stock ($4
par value) $1,200,000; paid-in capital in excess of par $1,030,000;
and retained earnings $1,190,000. During the year, the following
treasury stock transactions occurred.
Exercise 13-07 a-b On January 1, 2020, the stockholders' equity section of Blue Spruce Corporation shows common stock ($4 par value) $1,200,000; paid-in capital in excess of par $1,030,000; and retained earnings $1,190,000. During the year, the following treasury stock transactions...
ent CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Question 1 Blue Spruce Corporation is authorized to...
ent CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Question 1 Blue Spruce Corporation is authorized to issue 24,500 shares of $50 par value, 10% preferred stock and 130,000 shares of $5 par value common stock. On January 1, 2020, the ledger contained the following stockholders' equity balances Preferred Stock (10,000 shares) Paid-in Capital in Excess of Par-Preferred Stock Common Stock (61,000 shares) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $500,000 66,000 305,000 650,000 320,000 During 2020, the following...
Problem 13-02A a-c (Part Level Submission) Mar. I Purchased 5,500 shares at $9 per share. June 1 Sold 1,000 share...
Problem 13-02A a-c (Part Level Submission) Mar. I Purchased 5,500 shares at $9 per share. June 1 Sold 1,000 shares at $13 per share. Sept.1 Sold 1,000 shares at $i1 per share Dec. 1 Sold 1,500 shares at $7 per share Credit account tities are when amount is entered. Do not indent manually,) June 1 Open accounts for Paid-in Capital from Treasury Stock, Treasury Stock, and Retained Earnin Pald-in Capltal from Treasury Stock 4000 une 1 Dec. 1 ▼ 2000...
CALCULATOR STANDARD VIEW PRINTER VERSION BACK NEXT Exercise 8-13 (Part Level Submission) On May 2, McLain...
CALCULATOR STANDARD VIEW PRINTER VERSION BACK NEXT Exercise 8-13 (Part Level Submission) On May 2, McLain Company lends $29,200 to Chang, Inc., issuing a 6-month, 6% note. At the maturity date, November 2, Chang indicates that it cannot pay. (a) Your answer is correct. Prepare the entry to record the issuance of the note. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit May 2 Notes Receivable |...
ament 04:51 PM / Remaining: 154 min CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Question 11...
ament 04:51 PM / Remaining: 154 min CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Question 11 Flounder Corporation was organized on January 1, 2020. It is authorized to issue 14,000 shares of 8%, $100 par value preferred stock, and 505,000 shares of no-par common stock with a stated value of $3 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 77,000 shares of common stock for cash at $6 per share. Mar. 1 Issued...
FULL SCREEN PRINTER VERSION BACK NEXT Exercise 11-9 On January 1, 2019, the stockholders' equity section of Matlock, Inc. shows common stock (54 par value) $1,200,000; pad in capital in excess of par $1,050,000; and retained earnings $1,240,000 During the year, the following treasury stock transactions occurred Mar 1 Purchased 51,000 shares for cash at $15 per share July 1 Sold 11,000 treasury shares for cash at $17 per share Sept. 1 Sold 9,000 treasury shares for cash at $14...
CALCULATOR PRINTER VERSION BACK Problem 14-01A - (Part Level Submission) (Video) on January 1, 2020, Wildhorse Corporation had the following stockholders' equity accounts Common Stock (524 par value, 63,000 shares issued and outstanding) $1,512,000 Paid-in Capital in Excess 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...
CALCULATOR PRINTER VERSION BACK NEXT Problem - Part Level Submission) (Video) On January 1, 2020, Pharoah Corporation had the following stockhok Common Stock ($26 par value, 62,000 shares issued and outstanding Paid-in Capital in Excess of Par-Common Stock 6 Retained Earnings . During the year, the following transactions occurred. Feb. 1 Declared a $2 cash dividend per share ders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February Apr. 1 Announced a 2-for-1...
Problem 13-02A a-c (Part Level Submission) Riverbed Corporation had the following stockholders' equity accounts on January 1, 2020: Common Stock ($5 par) $550,000, Paid-in Capital in Excess of Par-Common n)Stock $200,000, and Retained Earnings $120,000. In 2020, the company had the foilowing treasury stock transactions on Mar. 1 Purchased 6,500 shares at $8 per share June 1 Sold 1,500 shares at $13 per share Sept.1 Sold 1,500 shares at $10 per share. Dec. 1 Sold 1,000 shares at $6 per...
CALCULATOR PRINTER VERSION BACK NE Exercise 11-13 On January 1, Novak Corp. had 99,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following occurred. Apr. 1 June 15 July 10 Dec. 1 15 Issued 25,500 additional shares of common stock for $17 per share. Declared a cash dividend of $1 per share to stockholders of record on June 30. Paid the $1 cash dividend. Issued 3,000...
On January 1, 2020, the stockholders’
equity section of Blue Spruce Corporation shows common stock ($4
par value) $1,200,000; paid-in capital in excess of par $1,030,000;
and retained earnings $1,190,000. During the year, the following
treasury stock transactions occurred.
Exercise 13-07 a-b On January 1, 2020, the stockholders' equity section of Blue Spruce Corporation shows common stock ($4 par value) $1,200,000; paid-in capital in excess of par $1,030,000; and retained earnings $1,190,000. During the year, the following treasury stock transactions...
ent CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Question 1 Blue Spruce Corporation is authorized to issue 24,500 shares of $50 par value, 10% preferred stock and 130,000 shares of $5 par value common stock. On January 1, 2020, the ledger contained the following stockholders' equity balances Preferred Stock (10,000 shares) Paid-in Capital in Excess of Par-Preferred Stock Common Stock (61,000 shares) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $500,000 66,000 305,000 650,000 320,000 During 2020, the following...
Problem 13-02A a-c (Part Level Submission) Mar. I Purchased 5,500 shares at $9 per share. June 1 Sold 1,000 shares at $13 per share. Sept.1 Sold 1,000 shares at $i1 per share Dec. 1 Sold 1,500 shares at $7 per share Credit account tities are when amount is entered. Do not indent manually,) June 1 Open accounts for Paid-in Capital from Treasury Stock, Treasury Stock, and Retained Earnin Pald-in Capltal from Treasury Stock 4000 une 1 Dec. 1 ▼ 2000...
CALCULATOR STANDARD VIEW PRINTER VERSION BACK NEXT Exercise 8-13 (Part Level Submission) On May 2, McLain Company lends $29,200 to Chang, Inc., issuing a 6-month, 6% note. At the maturity date, November 2, Chang indicates that it cannot pay. (a) Your answer is correct. Prepare the entry to record the issuance of the note. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit May 2 Notes Receivable |...
ament 04:51 PM / Remaining: 154 min CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Question 11 Flounder Corporation was organized on January 1, 2020. It is authorized to issue 14,000 shares of 8%, $100 par value preferred stock, and 505,000 shares of no-par common stock with a stated value of $3 per share. The following stock transactions were completed during the first year. Jan. 10 Issued 77,000 shares of common stock for cash at $6 per share. Mar. 1 Issued...
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