Homework Answers
Journal entry
| Date | General journal | Debit | Credit |
| Apr 1 | Cash | 560500 | |
| Common Stock | 177000 | ||
| Paid in capital in excess of stated value-Common Stock | 383500 | ||
| June 15 | Cash dividend | 381000 | |
| Dividend payable (97500+29500)*3 | 381000 | ||
| July 10 | Dividend payable | 381000 | |
| Cash | 381000 | ||
| Dec 1 | Cash (1000*18) | 18000 | |
| Common Stock | 6000 | ||
| Paid in capital in excess of stated value-Common Stock | 12000 | ||
| Dec 15 | Cash dividend (128000*4.9) | 627200 | |
| Dividend payable | 627200 | ||
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Apr. Cash | Common Stock 177000 Paid-in Capital in Excess of Par-Preferred Stock 383500 June 15...
On January 1, Oriole Corporation had 97,500 shares of no-par common stock issued and outstanding. The...
On January 1, Oriole Corporation had 97,500 shares of no-par common stock issued and outstanding. The stock has a stated value of $6 per share. During the year, the following occurred. Apr. 1 Issued 29,500 additional shares of common stock for $19 per share. June 15 Declared a cash dividend of $3 per share to stockholders of record on June 30. July 10 Paid the $3 cash dividend. Dec. 1 Issued 1,000 additional shares of common stock for $18 per...
E14-1 On January 1, Guillen Corporation had 95,000 shares of no-par common stock issued and outstanding....
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Exercise 14-01 b (Essay) On January 1, Guillen Corporation had 95,000 shares of no-par common stock...
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On January 1, 2017, Monty Corp. had these stockholders equity accounts. Common Stock ($10 par value, 75,000 shares issued and outstanding) $750,000 523,000 620,000 Paid-in Capital in Excess...
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nt Exercise 14-1 (Essay) On January 1, Guilen Corporation had 95,000 shares of no-par common stock...
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gn Layout References Mailings Review View Help Paid-in Capital 8% Preferred Stock, $100 par value, cumulative,...
gn Layout References Mailings Review View Help Paid-in Capital 8% Preferred Stock, $100 par value, cumulative, 50.0XX) shares anthorized, 30,000 shares issued and outstanding In excess of par on preferred stock Total Paid in Capital from Preferred Stock 3,000,000 3M) CM) $ $ 3,300.00 Common Stock, no par, $25 stated value, 1.000.) shares authorized, 400,000 shares issued and outstanding $ 10,000,000 In excess of stated value on common stock $ 600,000 Total Paid in Capital from Common Stock $ 10600...
On January1 Teeter Corporation had 75000 shares of no par common stock issued and outstanding. The...
On
January1 Teeter Corporation had 75000 shares of no par common stock
issued and outstanding. The stock has a stated value $6 per share.
During the year, the following transaction occured.
Apr 1 Issued 8000 additional shares of common stock for $10
per share.
June 15 Declared a cash dividend of $2 per share to
stockholders of record on June 30.
July 10 Paid the $2. cash dividend.
Dec 1 Issued 3000 additional shares of commin stock for $12
per...
Problem 15-03 Kingbird Company has two classes of capital stock outstanding: 8%, $20 par preferred and...
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On January 1, Crane Corporation 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 Issue...
On January 1, Crane Corporation 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 Issued 25,500 additional shares of common stock for $17 per share. June 15 Declared a cash dividend of $1 per share to stockholders of record on June 30. July 10 Paid the $1 cash dividend. Dec. 1 Issued 3,000 additional shares of common stock for $19 per...
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Exercise 14-01 b (Essay) On January 1, Guillen Corporation had 95,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $5 per shere. During the year, the following occurred. Apr. 1 Issued 25.000 additional shares of common stock for $17 per share, June 15 Declared a cash dividend of $1 per share to stockholders of record on June 30. July 10 Paid the $1 cash dividend. Dec. 1 issued 2,000 additional shares of common...
On January 1, 2017, Monty Corp. had these stockholders equity accounts. Common Stock ($10 par value, 75,000 shares issued and outstanding) $750,000 523,000 620,000 Paid-in Capital in Excess of Par Value Retained Earnings During the year, the following transactions occurred. Jan. 15 Declared a $0.60 cash dividend per share Feb. 15 Paid the dividend dedlared in January Apr. 15 Declared a May 15 Issued the shares for the stock dividend. Dec 1 Declared a $o.50 per share cash dividend to...
nt Exercise 14-1 (Essay) On January 1, Guilen Corporation had 95,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $5 per share. During the year, the following occurred Apr. 1 Issued 25,000 additional shares of common stock for $17 per share. June 15 Declared a cash dividend of $1 per share to stockholders of record on June 30. uly 10 Paid the $1 cash dividend. Dec. 1 1ssued 2,000 additional shares of common...
gn Layout References Mailings Review View Help Paid-in Capital 8% Preferred Stock, $100 par value, cumulative, 50.0XX) shares anthorized, 30,000 shares issued and outstanding In excess of par on preferred stock Total Paid in Capital from Preferred Stock 3,000,000 3M) CM) $ $ 3,300.00 Common Stock, no par, $25 stated value, 1.000.) shares authorized, 400,000 shares issued and outstanding $ 10,000,000 In excess of stated value on common stock $ 600,000 Total Paid in Capital from Common Stock $ 10600...
On
January1 Teeter Corporation had 75000 shares of no par common stock
issued and outstanding. The stock has a stated value $6 per share.
During the year, the following transaction occured.
Apr 1 Issued 8000 additional shares of common stock for $10
per share.
June 15 Declared a cash dividend of $2 per share to
stockholders of record on June 30.
July 10 Paid the $2. cash dividend.
Dec 1 Issued 3000 additional shares of commin stock for $12
per...
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