On January 1, 2020, Oriole Inc. had the following stockholders' equity balances. Common Stock (595,000 shares...
On January 1, 2020, Oriole Inc. had the following stockholders' equity balances. Common Stock (595,000 shares issued) $1,190,000 Paid-in Capital in Excess of Par-Common Stock 530,000 Common Stock Dividends Distributable 210,000 Retained Earnings 640,000 During 2020, the following transactions and events occurred. 1. Issued 105,000 shares of $2 par value common stock as a result of 15% stock dividend declared on December 15, 2021. 2. Issued 52,500 shares of common stock for cash at $4 per share. 3. Purchased 30,000...
On January 1, 2020, Pharoah Inc. had the following stockholders' equity balances. Common Stock (480,000 shares issued) $960,000 Paid-in Capital in Excess of Par-Common Stock 560,000 Common Stock Dividends Distributable 140,000 Retained Earnings 520,000 During 2020, the following transactions and events occurred. 1. Issued 70,000 shares of $2 par value common stock as a result of 15% stock dividend declared on December 15, 2021. 2. Issued 35,000 shares of common stock for cash at $4 per share. 3. Purchased 21,000...
Problem 14-04A (Video) On January 1, 2020, Pharoah Inc. had the following stockholders' equity balances. Common Stock (480,000 shares issued) $960,000 Paid-in Capital in Excess of Par-Common Stock 560,000 Common Stock Dividends Distributable 140,000 Retained Earnings 520,000 During 2020, the following transactions and events occurred. 1. Issued 70,000 shares of $2 par value common stock as a result of 15% stock dividend declared on December 15, 2021. 2. Issued 35,000 shares of common stock for cash at $4 per share....
Problem 14-04A (Video)On January 1, 2020, Carla Vista Inc. had the following stockholders' equity balances.Common Stock (575,000 shares issued) $ 1,150,000Paid-in Capital in Excess of Par-Common stock 500,000Common Stock Dividends Distributable 230,000Retained Earnings 610,000During 2020, the following transactions and events occurred.1. issued 115,000 shares of $ 2 par value common stock as a result of 15% stock dividend declared on December 15,2021.2. Issued 57,500 shares of common stock for cash at $ 4 per share.3. Purchased 23,000 shares of...
Problem 14-04A (Video)On January 1,2020, Ivanhoe Inc. had the following stockholders' equity balances.Common Stock (425,000 shares issued) $ 850,000Paid-in Capital in Excess of Par-Common Stock 580,000Common Stock Dividends Distributable 130,000Retained Earnings 660,000During 2020, the following transactions and events occurred.1. Issued 65,000 shares of $ 2 par value common stock as a result of 15 % stock dividend declared on December 15,2021 .2. Issued 32,500 shares of common stock for cash at $ 4 per share.3. Purchased 31,000 shares of common stock...
dates On January 1, 2020, Oriole Corporation had the following stockholders' equity accounts. Support ins Common Stock ($26 par value. 50,000 shares issued and outstanding) $1,300,000 Paid-in Capital in Excess of Par-Common Stock 199,000 Retained Earnings 558,000 ver During the year, the following transactions occurred. Declared a $2 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. wat Paid the dividend declared in February Apr. Announced a 2-for-1 stock split. Prior to the split,...
Problem 14-03A a-d On January 1, 2020, Oriole Corporation had the following stockholders’ equity accounts. Common Stock (no par value, 88,000 shares issued and outstanding) $1,415,000 Retained Earnings 457,000 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 3-for-1 stock split. Prior to the split, the market price per share was...
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...
On January 1, 2020, Crane Corporation had the following stockholders' equity accounts. Common Stock ($26 par value, 50,000 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $1,300,000 194,000 619,000 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 to the split, the...
P11.7A (LO2,3,4) On January 1, 2020, Primo Corporation had the following stockholders' equity accounts. Common Stock ($10 par value, 75,000 shares issued and outstanding) Paid-in Capital in Excess of Par- Common Stock Retained Earnings $750,000 200,000 540,000 During the year, the following transactions ocurred. Jan. 15 Declared a $1 cash dividend per share to stockholders of record on January 31, payable February 15. Paid the dividend declared in January. Declared a 10% stock dividend to stockholders of record on April...