Homework Answers
| Sandhill corporation | ||||
| Apr-01 | Cash ( 28500 * 16 ) | 456000 | ||
| Common stock ( 28500 * 5 ) | 142500 | |||
| Addl. PIC- CS in excess of stated value | 313500 | |||
| Jun-15 | Cash dividend ( 90000 + 28500 ) * 1 | 118500 | ||
| Dividend payable | 118500 | |||
| Jul-10 | Dividend payable | 118500 | ||
| Cash | 118500 | |||
| Dec. 1 | Cash ( 1000 * 20 ) | 20000 | ||
| Common stock ( 1000 * 5 ) | 5000 | |||
| Addl. PIC- CS in excess of stated value | 15000 | |||
| Dec. 15 | Cash dividend ( 90000 + 28500 + 1000 ) * 4.2 | 501900 | ||
| Dividend payable | 501900 | |||
| Note :- | An expert answerer is required to answer only one indepent question and 4 MCQ's | |||
| in a single post. Please ask other questions separately. | ||||
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E14-1 & E14-2 E14-1 On January 1, Guillen Corporation had 95,000 shares of no-par common stock...
E14-1 & E14-2
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E14-1 & E14-2
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