coomon stock 800000, paid in capital in excess par value 40000, retained earnings 1/1: 500000. retained...
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coomon stock 800000, paid in capital in excess par value 40000,
retained earnings 1/1: 500000. retained...
common stock:800000 ($2 par) , paid in capital in excess 400,000, retained earnings balance 1/1: 500000,...
common stock:800000 ($2 par) , paid in capital in excess 400,000, retained earnings balance 1/1: 500000, retained earnings bal 12/31: 630,000. dividends declared and paid 100,000. how many shares of stock issued and outstanding.
Connon stock, $10 par value Paid-in capital in excess of par value, common stock Retained earnings $ 420,00 100,00...
Connon stock, $10 par value Paid-in capital in excess of par value, common stock Retained earnings $ 420,00 100,000 340,000 In the fourth quarter, the following entries related to its equity are recorded. Date Oct. 2 Credit General Journal Retained Earnings Common Dividend Payable Debit 60,000 60,000 Oct. 25 Common Dividend Payable Cash 60,000 60,000 Oct. 31 83,000 Retained Earnings Common Stock Dividend Distributable Paid-In Capital in Excess of Par Value, Conmon Stock 40,000 43,000 Nov. 5 Common Stock Dividend...
At December 31 Common stock, $10 par value Paid-in capital in excess of par Retained earnings...
At December 31 Common stock, $10 par value Paid-in capital in excess of par Retained earnings Current Prior Year Year $ 133,000 $ 124,000 591,000 354,000 337,500 311,500 The company's net income for the current year ended December 31 was $60,000. 1. Complete the T-accounts to calculate the cash received from the sale of its common stock during the current year. Common Stock, $10 Par Beg. bal. End. bal. Paid-in Capital in Excess of Par Beg. bal. End. bal. Cash...
Fechter Corporation had the following stockholders' equity accounts on January 1, 2015: Common Stock ($4 par) $421,200, Paid-in Capital in Excess of Par-Common Stock $177,810, and Retained Earnin...
Fechter Corporation had the following stockholders' equity accounts on January 1, 2015: Common Stock ($4 par) $421,200, Paid-in Capital in Excess of Par-Common Stock $177,810, and Retained Earnings $105,810. In 2015, the company had the following treasury stock transactions Mar. 1 Purchased 6,690 shares at $8 per share. June 1 Sold 1,240 shares at $12 per share. Sept.1 Sold 1,870 shares at $10 per share Dec. 1 Sold 1,060 shares at $6 per share Fechter Corporation uses the cost method...
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...
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...
Paid In Capital, Excess of Par Common Stock Short term Investments $ 117,000 50,000 Preferred stock,...
Paid In Capital, Excess of Par Common Stock Short term Investments $ 117,000 50,000 Preferred stock, 12%, $100 par value Common Stock, $5 par value Retained earnings, 1/1/18 400,000 1,650,000 125,000 Organizational expense Treasury Stock-common(2,000 shares) Merchandise Inventory 1,500 37,000 105,000 Purchases Gain on sale of investment Dividend Revenue 650,000 4,800 11,000 Accounts Payable Notes Payable Estimated income taxes payable 400,000 80,000 115,000 Paid-in-capital- Excess of Par, Preferred Stock Mortgage Payable Interest Expense 200,000 105,000 7,500 Interest Payable Dividends Payable ...
Cash Common stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock Organization...
Cash Common stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock Organization Expenses Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 225.000 Check 45,000 190.000 150.000 60.000 Cash Accounts Receivable Bailding Notes Payable Common Stock, $25 Par Value Paid-In Capital in Excess of Par Valve Commons Cash Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 45,500 16,000 82.700 59,700 54,500 30.000 134.000 77.000 57.000...
E14-10 following balances at December 31, 2016: common stock $500,000, paid-in capital in excess of par...
E14-10
following balances at December 31, 2016: common stock $500,000, paid-in capital in excess of par value-common stock $100,000, and retained earnings $250,000. During 2017, the following transactions affected stockholders' equity 1. Issued preferred stock with a par value of $125,000 for $200,000. 2. Purchased treasury stock (common) for $40,000. 3. Earned net income of $180,000. 4. Declared and paid cash dividends of $56,000. section. (LO 3) Instructions Prepare the stockholders' equity section of Dirk Companys December 31, 2017, balance...
help with finding retained earnings and treasury stock Ivanhoe Company has two classes of capital stock...
help with finding retained earnings and treasury stock
Ivanhoe Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders' equity. Preferred Stock, 152,200 shares Common Stock, 2,039,000 shares Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock Retained Earnings $3,044,000 10,195,000 202,000 26,684,000 4,587,000 The following transactions affected stockholders' equity during 2021. Jan. 1 32,600 shares of preferred...
Common Stock $65,000 Treasury Stock (at cost) $13,400 Paid-in-Capital in Excess of Par $82,000 Investments in...
Common Stock $65,000 Treasury Stock (at cost) $13,400 Paid-in-Capital in Excess of Par $82,000 Investments in AFS Equity Securities $40,000 FVA (AFS) $2,500 credit Retained Earnings $22,000 On that date, the Accumulated OCI account was at its appropriate balance. There were no sales or purchases of Common Stock or Investments during 2018. Prior to any adjusting journal entries related to the Investments, 2018 Net Income was $10,300. No other transactions affecting Retained Earnings occurred. Fair Value of the Investments at...
Connon stock, $10 par value Paid-in capital in excess of par value, common stock Retained earnings $ 420,00 100,000 340,000 In the fourth quarter, the following entries related to its equity are recorded. Date Oct. 2 Credit General Journal Retained Earnings Common Dividend Payable Debit 60,000 60,000 Oct. 25 Common Dividend Payable Cash 60,000 60,000 Oct. 31 83,000 Retained Earnings Common Stock Dividend Distributable Paid-In Capital in Excess of Par Value, Conmon Stock 40,000 43,000 Nov. 5 Common Stock Dividend...
At December 31 Common stock, $10 par value Paid-in capital in excess of par Retained earnings Current Prior Year Year $ 133,000 $ 124,000 591,000 354,000 337,500 311,500 The company's net income for the current year ended December 31 was $60,000. 1. Complete the T-accounts to calculate the cash received from the sale of its common stock during the current year. Common Stock, $10 Par Beg. bal. End. bal. Paid-in Capital in Excess of Par Beg. bal. End. bal. Cash...
Fechter Corporation had the following stockholders' equity accounts on January 1, 2015: Common Stock ($4 par) $421,200, Paid-in Capital in Excess of Par-Common Stock $177,810, and Retained Earnings $105,810. In 2015, the company had the following treasury stock transactions Mar. 1 Purchased 6,690 shares at $8 per share. June 1 Sold 1,240 shares at $12 per share. Sept.1 Sold 1,870 shares at $10 per share Dec. 1 Sold 1,060 shares at $6 per share Fechter Corporation uses the cost method...
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...
Cash Common stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock Organization Expenses Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 225.000 Check 45,000 190.000 150.000 60.000 Cash Accounts Receivable Bailding Notes Payable Common Stock, $25 Par Value Paid-In Capital in Excess of Par Valve Commons Cash Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 45,500 16,000 82.700 59,700 54,500 30.000 134.000 77.000 57.000...
E14-10
following balances at December 31, 2016: common stock $500,000, paid-in capital in excess of par value-common stock $100,000, and retained earnings $250,000. During 2017, the following transactions affected stockholders' equity 1. Issued preferred stock with a par value of $125,000 for $200,000. 2. Purchased treasury stock (common) for $40,000. 3. Earned net income of $180,000. 4. Declared and paid cash dividends of $56,000. section. (LO 3) Instructions Prepare the stockholders' equity section of Dirk Companys December 31, 2017, balance...
help with finding retained earnings and treasury stock
Ivanhoe Company has two classes of capital stock outstanding: 8%, $20 par preferred and $5 par common. At December 31, 2020, the following accounts were included in stockholders' equity. Preferred Stock, 152,200 shares Common Stock, 2,039,000 shares Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock Retained Earnings $3,044,000 10,195,000 202,000 26,684,000 4,587,000 The following transactions affected stockholders' equity during 2021. Jan. 1 32,600 shares of preferred...
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