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![* The following transactors occused credit Date Feb 3 Account Name Debit cash ( 2500X 75] $187500 TO Paeferred stock (to reco](http://img.homeworklib.com/questions/d3e88a10-757f-11ea-bb08-a34f3644d4fd.png?x-oss-process=image/resize,w_560)
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3. The following transactions occurred during 2017, par value of Common Stock is $1, par value...
Eugene Inc.’s statement of stockholders’ equity on December 31, 2016 is as follows: 5% cumulative preferred...
Eugene Inc.’s statement of stockholders’ equity on December 31, 2016 is as follows: 5% cumulative preferred stock, $75 par,10,000 shares authorized; 6,000 shares issued and outstanding $450,000 Common stock, $1 par, 500,000 share authorized; 385,000 shares issued and outstanding 385,000 Paid-in capital in excess of par - Preferred stock 25,000 Paid-in capital in excess of par - Common stock 2,045,000 Retained earnings 220,000 Total stockholders’ equity $3,125,000 The following transactions occurred during 2017: Instruction: Prepare Journal entries for each of...
Marigold Company had the following stockholders' equity as of January 1, 2017. Common stock, $5 par...
Marigold Company had the following stockholders' equity as of January 1, 2017. Common stock, $5 par value, 18,200 shares issued Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity $91,000 299,000 320,000 $710,000 During 2017, the following transactions occurred. Feb. 1 Mar. 1 Mar. 18 Apr. 22 Marigold repurchased 1,990 shares of treasury stock at a price of $17 per share. 850 shares of treasury stock repurchased above were reissued at $15 per share. 530 shares of...
Flounder Company had the following stockholders' equity as of January 1, 2017 Common stock, $5 par...
Flounder Company had the following stockholders' equity as of January 1, 2017 Common stock, $5 par value, 21,000 shares issued $ 105,000 Paid in capital in excess of par common stock 207.000 Retained earnings 316.000 Total stockholders' equity $718,000 During 2017, the following transactions occurred. Feb. 1 Founder repurchased 1,960 shares of treasury stock at a price of $17 per share. Mar. 1 750 shares of treasury stock repurchased above were reissued at $15 per share. Mar. 18 510 shares...
On January 1, 2017, Chang Corp. had 480,000 shares of common stock outstanding. During 2017, it...
On January 1, 2017, Chang Corp. had 480,000 shares of common stock outstanding. During 2017, it had the following transactions that affected the Common Stock account 1-Feb Issued 132,000 shares 1-Mar Issued a 20% stock dividend 1-May Acquired 116,000 shares of treasury stock 1-Jun Issued a 3-for-1 stock split 1-Oct Reissued 67,000 shares of treasury stock Determine the weighted-average number of shares outstanding as of December 31, 2017. Then calculate earnings per share with Net Income of $3,256,000 and $900,000...
Clearbon Manufacturing Co. completed the following transactions during 2018 (Click the icon to view the transactions.)...
Clearbon Manufacturing Co. completed the following transactions during 2018 (Click the icon to view the transactions.) Read the requirements Requirement 1. Record the transactions in Clearborn's general journal. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. If no entry Accounts and Explanation column and leave the remaining cells blank.) required, select "No entry required" on the first line of the Jan. 16: Declared a cash dividend on the 5 %, $99...
Larkspur Company had the following stockholders' equity as of January 1, 2017. Common stock, $5 par...
Larkspur Company had the following stockholders' equity as of January 1, 2017. Common stock, $5 par value, 18,400 shares issued Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity $92,000 295,000 313,000 $700,000 During 2017, the following transactions occurred. Feb. 1 Mar. 1 Mar. 18 Apr. 22 Larkspur repurchased 1,970 shares of treasury stock at a price of $20 per share. 770 shares of treasury stock repurchased above were reissued at $18 per share. 510 shares of...
Bonita Company had the following stockholders' equity as of January 1, 2020. Common stock, $5 par...
Bonita Company had the following stockholders' equity as of January 1, 2020. Common stock, $5 par value, 20,500 shares issued Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity $102,500 304,000 321,000 $727,500 During 2020, the following transactions occurred. Feb. 1 Bonita repurchased 1,950 shares of treasury stock at a price of $18 per share. Mar. 1 720 shares of treasury stock repurchased above were reissued at $16 per share. Mar. 18 520 shares of treasury stock...
Flounder Company had the following stockholders' equity as of January 1, 2020. Common stock, $5 par...
Flounder Company had the following stockholders' equity as of January 1, 2020. Common stock, $5 par value, 18,900 shares issued Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity $94,500 306,000 317,000 $717,500 During 2020, the following transactions occurred. Feb. 1 Mar. 1 Mar. 18 Apr. 22 Flounder repurchased 1,900 shares of treasury stock at a price of $18 per share. 810 shares of treasury stock repurchased above were reissued at $16 per share. 470 shares of...
transactions during 2014 Summerborn Manufacturing, Co. completed the following 900 $ 100 5% Preferred Common80,000 6...
transactions during 2014 Summerborn Manufacturing, Co. completed the following 900 $ 100 5% Preferred Common80,000 6 16-Jan Declared a cash dividend on the 5%, $100 par noncumulative preferred stock (900 shares outstanding). Declared a So.30 per share dividend on the 80,000 shares of $6 par value common stock outstanding. The date of record is $0.30 15-Feb Paid the cash dividends. 0-Jun Split common stock 2-for-1 30-Jul Declared a 50% stock dividend on the common stock. The market value of the...
Problem 15-2 Ayayai Company had the following stockholders' equity as of January 1, 2017 Common stock,...
Problem 15-2 Ayayai Company had the following stockholders' equity as of January 1, 2017 Common stock, $5 par value, 18,200 shares issued Paid-in capital in excess of par-common stock Retained earnings $91,000 299,000 320,000 $710,000 Total stockholders' equity During 2017, the following transactions occurred. Feb.1 Ayayai repurchased 1,990 shares of treasury stock at a price of $17 per share. Mar. 1 850 shares of treasury stock repurchased above were reissued at $15 per share. Mar. 18 530 shares of treasury...
Marigold Company had the following stockholders' equity as of January 1, 2017. Common stock, $5 par value, 18,200 shares issued Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity $91,000 299,000 320,000 $710,000 During 2017, the following transactions occurred. Feb. 1 Mar. 1 Mar. 18 Apr. 22 Marigold repurchased 1,990 shares of treasury stock at a price of $17 per share. 850 shares of treasury stock repurchased above were reissued at $15 per share. 530 shares of...
Flounder Company had the following stockholders' equity as of January 1, 2017 Common stock, $5 par value, 21,000 shares issued $ 105,000 Paid in capital in excess of par common stock 207.000 Retained earnings 316.000 Total stockholders' equity $718,000 During 2017, the following transactions occurred. Feb. 1 Founder repurchased 1,960 shares of treasury stock at a price of $17 per share. Mar. 1 750 shares of treasury stock repurchased above were reissued at $15 per share. Mar. 18 510 shares...
Clearbon Manufacturing Co. completed the following transactions during 2018 (Click the icon to view the transactions.) Read the requirements Requirement 1. Record the transactions in Clearborn's general journal. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. If no entry Accounts and Explanation column and leave the remaining cells blank.) required, select "No entry required" on the first line of the Jan. 16: Declared a cash dividend on the 5 %, $99...
Larkspur Company had the following stockholders' equity as of January 1, 2017. Common stock, $5 par value, 18,400 shares issued Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity $92,000 295,000 313,000 $700,000 During 2017, the following transactions occurred. Feb. 1 Mar. 1 Mar. 18 Apr. 22 Larkspur repurchased 1,970 shares of treasury stock at a price of $20 per share. 770 shares of treasury stock repurchased above were reissued at $18 per share. 510 shares of...
Bonita Company had the following stockholders' equity as of January 1, 2020. Common stock, $5 par value, 20,500 shares issued Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity $102,500 304,000 321,000 $727,500 During 2020, the following transactions occurred. Feb. 1 Bonita repurchased 1,950 shares of treasury stock at a price of $18 per share. Mar. 1 720 shares of treasury stock repurchased above were reissued at $16 per share. Mar. 18 520 shares of treasury stock...
Flounder Company had the following stockholders' equity as of January 1, 2020. Common stock, $5 par value, 18,900 shares issued Paid-in capital in excess of par-common stock Retained earnings Total stockholders' equity $94,500 306,000 317,000 $717,500 During 2020, the following transactions occurred. Feb. 1 Mar. 1 Mar. 18 Apr. 22 Flounder repurchased 1,900 shares of treasury stock at a price of $18 per share. 810 shares of treasury stock repurchased above were reissued at $16 per share. 470 shares of...
transactions during 2014 Summerborn Manufacturing, Co. completed the following 900 $ 100 5% Preferred Common80,000 6 16-Jan Declared a cash dividend on the 5%, $100 par noncumulative preferred stock (900 shares outstanding). Declared a So.30 per share dividend on the 80,000 shares of $6 par value common stock outstanding. The date of record is $0.30 15-Feb Paid the cash dividends. 0-Jun Split common stock 2-for-1 30-Jul Declared a 50% stock dividend on the common stock. The market value of the...
Problem 15-2 Ayayai Company had the following stockholders' equity as of January 1, 2017 Common stock, $5 par value, 18,200 shares issued Paid-in capital in excess of par-common stock Retained earnings $91,000 299,000 320,000 $710,000 Total stockholders' equity During 2017, the following transactions occurred. Feb.1 Ayayai repurchased 1,990 shares of treasury stock at a price of $17 per share. Mar. 1 850 shares of treasury stock repurchased above were reissued at $15 per share. Mar. 18 530 shares of treasury...
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