On December 31, 2021, Cullumber Company had 1,395,000 shares of $5 par common stock issued and outstanding. At December 31, 2021, stockholders’ equity had the amounts listed here. Common Stock $6,975,000 Additional Paid-in Capital 1,900,000 Retained Ea
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On December 31, 2021, Cullumber Company had 1,395,000 shares of $5 par common stock issued and outstanding. At December 31, 2021, stockholders’ equity had the amounts listed here. Common Stock $6,975,000 Additional Paid-in Capital 1,900,000 Retained Ea
P11-3A On December 31, 2016, Jons Company had 1,300,000 shares of $5 par common Prepare a stockhol stock issued and outstanding. At December 31,2016, stockholders' equity had the amounts secr...
P11-3A On December 31, 2016, Jons Company had 1,300,000 shares of $5 par common Prepare a stockhol stock issued and outstanding. At December 31,2016, stockholders' equity had the amounts secrion listed here. (10 2,3,4AP Common Stock Additional Paid-in Capital Retained Earnings $6,500,000 1,800,000 1,200,000 Transactions during 2017 and other information related to stockholders' equity accounts were as follows. 1. On January 10, 2017, issued at S107 per share l 20,000 shares of si 00 par value,% cumulative preferred stock. 2....
On December 31, 2021, Oriole Company had 1,355,000 shares of $5 par common stock issued and...
On December 31, 2021, Oriole Company had 1,355,000 shares of $5
par common stock issued and outstanding. At December 31, 2021,
stockholders’ equity had the amounts listed here. Transactions
during 2022 and other information related to stockholders’ equity
accounts were as follows.
Common Stock
$6,775,000
Additional Paid-in Capital
1,785,000
Retained Earnings
1,185,000
On January 10, issued at $108 per
share 120,000 shares of $103 par value, 7% cumulative preferred
stock.
On February 8, reacquired 17,200
shares of its common stock...
31, Stockholders Equity: Preferred stock ($50 par) Common stock ($0.10 par) Additional Paid in capital Total...
31, Stockholders Equity: Preferred stock ($50 par) Common stock ($0.10 par) Additional Paid in capital Total paid in capital Retained earnings Treasury stock (5,000 common shares) Total stockholders' equity $500,000 30,000 7,520,000 8,050,000 610,100 (150,000) $8,510,100 1. How many shares of preferred stock have been issued? 2a. How many shares of common stock have been issued? 2b. How many of the common shares are outstanding? 3. If the common shares were issued at $25 per share, at what average price...
On December 31, 2021, Sunland Company had 1,280,000 shares of $6 par common stock issued and...
On December 31, 2021, Sunland Company had 1,280,000 shares of $6 par common stock issued and outstanding. At December 31, 2021, stockholders' equity had the amounts listed here. Common Stock Additional Paid-in Capital Retained Earnings $7,680,000 1,790,000 1.280,000 Transactions during 2022 and other information related to stockholders' equity accounts were as follows. 1. On January 10, issued at $113 per share 126,000 shares of $103 par value, 9% cumulative preferred stock. 2. On February 8, reacquired 12,500 shares of its...
On December 31, 2021, Sheridan Company had 1,310,000 shares of $7 par common stock issued and...
On December 31, 2021, Sheridan Company had 1,310,000 shares of $7 par common stock issued and outstanding. At December 31, 2021, stockholders' equity had the amounts listed here. Common Stock Additional Paid-in Capital Retained Earnings $9,170,000 1,860,000 1,120,000 Transactions during 2022 and other information related to stockholders' equity accounts were as follows. 1. On January 10, issued at $109 per share 114,000 shares of $100 par value, 9% cumulative preferred stock. 2. On February 8, reacquired 16,900 shares of its...
On December 31, 2021, Crane Company had 1,380,000 shares of $7 par common stock issued and...
On December 31, 2021, Crane Company had 1,380,000 shares of $7 par common stock issued and outstanding. At December 31, 2021, stockholders' equity had the amounts listed here. Common Stock Additional Paid-in Capital Retained Earnings $9,660,000 1,805,000 1,255,000 Transactions during 2022 and other information related to stockholders' equity accounts were as follows. 1. On January 10, issued at $107 per share 111,000 shares of $100 par value, 7% cumulative preferred stock. 2. On February 8, reacquired 12,800 shares of its...
Stockholders' Equity (December 31, 2016) Common stock-$10 par value, 130,000 shares authorized, 50,000 shares issued and...
Stockholders' Equity (December 31, 2016) Common stock-$10 par value, 130,000 shares authorized, 50,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 500,000 75,000 410,000 $ 985,000 Stockholders' Equity (December 31, 2017) Common stock-$10 par value, 130,000 shares authorized, 56, 370 shares issued, 4,500 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($90,000 restricted by treasury stock) $ 563,700 151, 440 740,000 1,455, 140...
Stockholders' Equity (January 1 Common stock-$5 par value, 100,000 shares authorized, 35,000 shares issued and outstanding...
Stockholders' Equity (January 1 Common stock-$5 par value, 100,000 shares authorized, 35,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $175,000 135,000 340,000 $650,809 Stockholders' Equity (December 31) Common stock-$5 par value, 100,000 shares authorized, 41,200 shares issued, 4,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($60,000 restricted by treasury stock) $206,000 178,400 400,000 784,400 (60,000) $724,400 Less cost of treasury stock Total...
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...
On December 31, 2021, Carla Vista Co. had 1,300,000 shares of $6 par common stock issued...
On December 31, 2021, Carla Vista Co. had 1,300,000 shares of $6
par common stock issued and outstanding. At December 31, 2021,
stockholders’ equity had the amounts listed here.
Common Stock $7,800,000
Additional Paid-in Capital 1,840,000
Retained Earnings 1,215,000
Transactions during 2022 and other information related to
stockholders’ equity accounts were as follows.
1. On January 10, issued at $105 per share 127,000 shares of
$104 par value, 8% cumulative preferred stock.
2. On February 8, reacquired 15,100 shares of...
P11-3A On December 31, 2016, Jons Company had 1,300,000 shares of $5 par common Prepare a stockhol stock issued and outstanding. At December 31,2016, stockholders' equity had the amounts secrion listed here. (10 2,3,4AP Common Stock Additional Paid-in Capital Retained Earnings $6,500,000 1,800,000 1,200,000 Transactions during 2017 and other information related to stockholders' equity accounts were as follows. 1. On January 10, 2017, issued at S107 per share l 20,000 shares of si 00 par value,% cumulative preferred stock. 2....
On December 31, 2021, Oriole Company had 1,355,000 shares of $5
par common stock issued and outstanding. At December 31, 2021,
stockholders’ equity had the amounts listed here. Transactions
during 2022 and other information related to stockholders’ equity
accounts were as follows.
Common Stock
$6,775,000
Additional Paid-in Capital
1,785,000
Retained Earnings
1,185,000
On January 10, issued at $108 per
share 120,000 shares of $103 par value, 7% cumulative preferred
stock.
On February 8, reacquired 17,200
shares of its common stock...
31, Stockholders Equity: Preferred stock ($50 par) Common stock ($0.10 par) Additional Paid in capital Total paid in capital Retained earnings Treasury stock (5,000 common shares) Total stockholders' equity $500,000 30,000 7,520,000 8,050,000 610,100 (150,000) $8,510,100 1. How many shares of preferred stock have been issued? 2a. How many shares of common stock have been issued? 2b. How many of the common shares are outstanding? 3. If the common shares were issued at $25 per share, at what average price...
On December 31, 2021, Sunland Company had 1,280,000 shares of $6 par common stock issued and outstanding. At December 31, 2021, stockholders' equity had the amounts listed here. Common Stock Additional Paid-in Capital Retained Earnings $7,680,000 1,790,000 1.280,000 Transactions during 2022 and other information related to stockholders' equity accounts were as follows. 1. On January 10, issued at $113 per share 126,000 shares of $103 par value, 9% cumulative preferred stock. 2. On February 8, reacquired 12,500 shares of its...
On December 31, 2021, Sheridan Company had 1,310,000 shares of $7 par common stock issued and outstanding. At December 31, 2021, stockholders' equity had the amounts listed here. Common Stock Additional Paid-in Capital Retained Earnings $9,170,000 1,860,000 1,120,000 Transactions during 2022 and other information related to stockholders' equity accounts were as follows. 1. On January 10, issued at $109 per share 114,000 shares of $100 par value, 9% cumulative preferred stock. 2. On February 8, reacquired 16,900 shares of its...
On December 31, 2021, Crane Company had 1,380,000 shares of $7 par common stock issued and outstanding. At December 31, 2021, stockholders' equity had the amounts listed here. Common Stock Additional Paid-in Capital Retained Earnings $9,660,000 1,805,000 1,255,000 Transactions during 2022 and other information related to stockholders' equity accounts were as follows. 1. On January 10, issued at $107 per share 111,000 shares of $100 par value, 7% cumulative preferred stock. 2. On February 8, reacquired 12,800 shares of its...
Stockholders' Equity (December 31, 2016) Common stock-$10 par value, 130,000 shares authorized, 50,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 500,000 75,000 410,000 $ 985,000 Stockholders' Equity (December 31, 2017) Common stock-$10 par value, 130,000 shares authorized, 56, 370 shares issued, 4,500 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($90,000 restricted by treasury stock) $ 563,700 151, 440 740,000 1,455, 140...
Stockholders' Equity (January 1 Common stock-$5 par value, 100,000 shares authorized, 35,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $175,000 135,000 340,000 $650,809 Stockholders' Equity (December 31) Common stock-$5 par value, 100,000 shares authorized, 41,200 shares issued, 4,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($60,000 restricted by treasury stock) $206,000 178,400 400,000 784,400 (60,000) $724,400 Less cost of treasury stock Total...
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...
On December 31, 2021, Carla Vista Co. had 1,300,000 shares of $6
par common stock issued and outstanding. At December 31, 2021,
stockholders’ equity had the amounts listed here.
Common Stock $7,800,000
Additional Paid-in Capital 1,840,000
Retained Earnings 1,215,000
Transactions during 2022 and other information related to
stockholders’ equity accounts were as follows.
1. On January 10, issued at $105 per share 127,000 shares of
$104 par value, 8% cumulative preferred stock.
2. On February 8, reacquired 15,100 shares of...
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