Homework Answers
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IVANHOE CORPORATION |
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Balance Sheet (Partial) |
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For the Year Ended December 31, 2020 |
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Current Assets : |
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Common Stock |
$759300 |
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Paid-in Capital in Excess of Par-Common Stock |
$209500 |
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$968800 |
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Accumulated other comprehensive loss |
($157300) |
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Retained Earnings |
$120900 |
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$932400 |
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Non controlling interest |
$34600 |
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Total Stockholders Equity |
$967000 |
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View Policies Current Attempt in Progress Ivanhoe Corporation's adjusted trial balance contained the following accounts at...
View Policies Current Attempt in Progress Cullumber Corporationis adjusted trial balance contained the following accounts at...
View Policies Current Attempt in Progress Cullumber Corporationis adjusted trial balance contained the following accounts at December 31, 2020: Retained Earnings $120.900, Common Stock $759.600, Bonds Payable $103.200, Pald-in Capital in Excess of Par-Common Stock $204,800, Goodwill $57,700. Accumulated Other Comprehensive Loss $158.900, and Noncontrolling Interest $38,200. Prepare the stockholders' equity section of the balance sheet. CULLUMBER CORPORATION Balance Sheet (Partial) On
Ivanhoe Corporation’s adjusted trial balance contained the following accounts at December 31, 2020: Retained Earnings $121,300,...
Ivanhoe Corporation’s adjusted trial balance contained the
following accounts at December 31, 2020: Retained Earnings
$121,300, Common Stock $766,600, Bonds Payable $104,800, Paid-in
Capital in Excess of Par-Common Stock $205,300, Goodwill $59,700,
Accumulated Other Comprehensive Loss $150,100, and Noncontrolling
Interest $35,800.
Prepare the stockholders’ equity section of the balance
sheet.
IVANHOE CORPORATION Balance Sheet (Partial) $
Vaughn Corporation’s adjusted trial balance contained the following accounts at December 31, 2020: Retained Earnings $124,100,...
Vaughn Corporation’s adjusted trial balance contained the following accounts at December 31, 2020: Retained Earnings $124,100, Common Stock $755,400, Bonds Payable $109,700, Paid-in Capital in Excess of Par-Common Stock $206,200, Goodwill $61,700, Accumulated Other Comprehensive Loss $158,000, and Noncontrolling Interest $39,400. Prepare the stockholders’ equity section of the balance sheet.
Question 14 View Policies Current Attempt in Progress On November 1, 2020, Nixon Corporation's stockholders' equity...
Question 14 View Policies Current Attempt in Progress On November 1, 2020, Nixon Corporation's stockholders' equity section is as follows: Common stock, $10 par value Paid-in capital in excess of par Retained earnings Total stockholders' equity $600,000 180,000 200,000 $980,000 On November 1, Nixon declares and distributes an 18% stock dividend when the market value of the stock is $14 per share. Indicate the balances in the stockholders' equity accounts after the stock dividend has been distributed. Common stock Paid-in...
Question 23 View Policies Current Attempt in Progress The following accounts appear in the ledger of...
Question 23 View Policies Current Attempt in Progress The following accounts appear in the ledger of Sage Hill Inc. after the books are closed at December 31, 2017 Common Stock (no par $1 stated value. 421,500 shares authorized, 351,500 shares issued) $351,500 Paid-in Capital in Excess of Stated Value-Common Stock 1.228,500 Preferred Stock ($50 par value, 7%, 43,200 shares authorized, 14.100 shares issued) 705,000 Retained Earnings 908,000 Treasury Stock (7,850 common shares) 66,400 Paid-in Capital in Excess of Par Value-Preferred...
The post-closing trial balance of Ivanhoe Corporation at December 31, 2020, contains the stockholders' equity accounts....
The post-closing trial balance of Ivanhoe Corporation at December 31, 2020, contains the stockholders' equity accounts. poration at December 31, 2020, contains the following Preferred Stock (15,000 shares issued) Common Stock (243,000 shares issued) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock Common Stock Dividends Distributable Retained Earnings $750,000 2,430,000 243,000 409,000 243,000 982,560 A review of the accounting records reveals the following. No errors have been made in recording 2020 transactions r in...
Bonita Company’s December 31, 2020, trial balance includes the following accounts: Investment in Common Stock $72,100,...
Bonita Company’s December 31, 2020, trial balance includes the following accounts: Investment in Common Stock $72,100, Retained Earnings $122,900, Trademarks $34,200, Preferred Stock $152,100, Common Stock $64,600, Deferred Income Taxes $88,600, Paid-in Capital in Excess of Par-Common Stock $184,000, and Noncontrolling Interest $59,430. Prepare the stockholders’ equity section of the balance sheet.
View Policies Current Attempt in Progress Swifty Corporation has the following account balances at December 31,...
View Policies Current Attempt in Progress Swifty Corporation has the following account balances at December 31, 2020. Common stock, $5 par value $459,000 Treasury stock 95,000 Retained earnings 2,451,000 Paid-in capital in excess of par-common stock 1,261,000 HT Prepare Swifty's December 31, 2020, stockholders' equity section. (Enter account name only and do not provide descriptive information.)Prepare Swifty's December 31, 2020, stockholders' equity section.
Wildcat Drilling has the following accounts on its trial balance. Debit Credit Retained Earnings 600,000 Cash...
Wildcat Drilling has the following accounts on its trial balance. Debit Credit Retained Earnings 600,000 Cash 825,000 Additional Paid-In Capital—Common 3,100,000 Additional Paid-In Capital—Preferred 400,000 Accounts Payable 345,000 Accounts Receivable 410,000 Common Stock, $1 par 600,000 Preferred Stock, $10 par 340,000 Inventory 1,300,000 Treasury Stock-Common (30,000 shares) 382,000 Accumulated Other Comprehensive Income 70,000 Required: Prepare the stockholders'equity portion of Wildcat's balance sheet. Accounts Accumulated other comprehensive income Common stock Common stock, $1 par Preferred stock Preferred stock, $10 par Retained...
View Policies Current Attempt In Progress The stockholders' equity accounts of Pina Colada Corp. on January...
View Policies Current Attempt In Progress The stockholders' equity accounts of Pina Colada Corp. on January 1, 2017, were as follows. $249.000 1,437,499 12.450 Preferred Stock (7%, $100 par noncumulative, 4, 150 shares authorized) Common Stock (55 stated value, 345,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Pald-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (4,150 common shares) 694,000 33.200 During 2017, the corporation had the following transactions and events pertaining to its...
View Policies Current Attempt in Progress Cullumber Corporationis adjusted trial balance contained the following accounts at December 31, 2020: Retained Earnings $120.900, Common Stock $759.600, Bonds Payable $103.200, Pald-in Capital in Excess of Par-Common Stock $204,800, Goodwill $57,700. Accumulated Other Comprehensive Loss $158.900, and Noncontrolling Interest $38,200. Prepare the stockholders' equity section of the balance sheet. CULLUMBER CORPORATION Balance Sheet (Partial) On
Ivanhoe Corporation’s adjusted trial balance contained the
following accounts at December 31, 2020: Retained Earnings
$121,300, Common Stock $766,600, Bonds Payable $104,800, Paid-in
Capital in Excess of Par-Common Stock $205,300, Goodwill $59,700,
Accumulated Other Comprehensive Loss $150,100, and Noncontrolling
Interest $35,800.
Prepare the stockholders’ equity section of the balance
sheet.
IVANHOE CORPORATION Balance Sheet (Partial) $
Question 14 View Policies Current Attempt in Progress On November 1, 2020, Nixon Corporation's stockholders' equity section is as follows: Common stock, $10 par value Paid-in capital in excess of par Retained earnings Total stockholders' equity $600,000 180,000 200,000 $980,000 On November 1, Nixon declares and distributes an 18% stock dividend when the market value of the stock is $14 per share. Indicate the balances in the stockholders' equity accounts after the stock dividend has been distributed. Common stock Paid-in...
Question 23 View Policies Current Attempt in Progress The following accounts appear in the ledger of Sage Hill Inc. after the books are closed at December 31, 2017 Common Stock (no par $1 stated value. 421,500 shares authorized, 351,500 shares issued) $351,500 Paid-in Capital in Excess of Stated Value-Common Stock 1.228,500 Preferred Stock ($50 par value, 7%, 43,200 shares authorized, 14.100 shares issued) 705,000 Retained Earnings 908,000 Treasury Stock (7,850 common shares) 66,400 Paid-in Capital in Excess of Par Value-Preferred...
The post-closing trial balance of Ivanhoe Corporation at December 31, 2020, contains the stockholders' equity accounts. poration at December 31, 2020, contains the following Preferred Stock (15,000 shares issued) Common Stock (243,000 shares issued) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock Common Stock Dividends Distributable Retained Earnings $750,000 2,430,000 243,000 409,000 243,000 982,560 A review of the accounting records reveals the following. No errors have been made in recording 2020 transactions r in...
View Policies Current Attempt in Progress Swifty Corporation has the following account balances at December 31, 2020. Common stock, $5 par value $459,000 Treasury stock 95,000 Retained earnings 2,451,000 Paid-in capital in excess of par-common stock 1,261,000 HT Prepare Swifty's December 31, 2020, stockholders' equity section. (Enter account name only and do not provide descriptive information.)Prepare Swifty's December 31, 2020, stockholders' equity section.
Wildcat Drilling has the following accounts on its trial balance. Debit Credit Retained Earnings 600,000 Cash 825,000 Additional Paid-In Capital—Common 3,100,000 Additional Paid-In Capital—Preferred 400,000 Accounts Payable 345,000 Accounts Receivable 410,000 Common Stock, $1 par 600,000 Preferred Stock, $10 par 340,000 Inventory 1,300,000 Treasury Stock-Common (30,000 shares) 382,000 Accumulated Other Comprehensive Income 70,000 Required: Prepare the stockholders'equity portion of Wildcat's balance sheet. Accounts Accumulated other comprehensive income Common stock Common stock, $1 par Preferred stock Preferred stock, $10 par Retained...
View Policies Current Attempt In Progress The stockholders' equity accounts of Pina Colada Corp. on January 1, 2017, were as follows. $249.000 1,437,499 12.450 Preferred Stock (7%, $100 par noncumulative, 4, 150 shares authorized) Common Stock (55 stated value, 345,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Pald-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (4,150 common shares) 694,000 33.200 During 2017, the corporation had the following transactions and events pertaining to its...
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