Balance Sheet(Partial) | ||
December 31 | ||
Stockholders’ equity | ||
Paid-in Capital | ||
Capital Stock | ||
Common Stock | 45000 | |
Additional Paid-in Stock | ||
Paid-in Capital in Excess of Par—Common Stock | 32000 | |
Total paid in Capital | 77000 | |
Retained Earnings | 50000 | |
Total paid in Capital and Retained Earnings | 127000 | |
Less: Treasury Stock | 14400 | |
Total Stockholders’ equity | 112600 | |
Pine Corporation has the following accounts at December 31: Common Stock, $9 par, 5,000 shares issued,...
CALCULATOR FULL SCREEN PRINTER VERSIO Charleston Corporation has the following accounts at December 31: Common Stock, $10 par 7,000 shares issued, $70,000; Paid-in Capital in excess of Par $10,000; Retained Earnings $45,000; and Treasury Stock-Common, 500 shares, $10,000. Prepare the stockholders' equity section of the balance sheet. (Enter the account name only and do not provide the descriptive information provided in the question.) CHARLESTON CORPORATION Balance Sheet (Partial) ✓
Leiker Corporation has these accounts at December 31: Common Stock, $10 par, 5,000 shares issued, $50,000; Paid-in Capital in Excess of Par Value $22,000; Retained Earnings $42,000; and Treasury Stock, 500 shares, $11,000. Prepare the stockholders
Ayayai Corp. has these accounts at December 31: Common Stock, $10 par, 4,500 shares issued, $45,000; Paid-in Capital in Excess of Par Value $18,000; Retained Earnings $43,000; and Treasury Stock, 400 shares, $8,800. Prepare the stockholders’ equity section of the balance sheet. Ayayai Corp. Balance Sheet (Partial) December 31
Pina Colada Corp. has these accounts at December 31: Common Stock, $10 par, 5,600 shares issued, $56,000; Paid-in Capital in Excess of Par Value $19,100; Retained Earnings $44,100; and Treasury Stock, 510 shares, $11,220 Prepare the stockholders' equity section of the balance sheet. Pina Colada Corp. Balance Sheet (Partial) Pina Colada Corp. has these accounts at December 31: Common Stock, $10 par, 5,600 shares issued, $56,000; Paid-in Capital in Excess of Par Value $19,100; Retained Earnings $44,100; and Treasury Stock,...
Novak Corp. has these accounts at December 31: Common Stock, $12 par, 5,500 shares issued, $66,000; Paid-in Capital in Excess of Par Value $19,000; Retained Earnings $44,000; and Treasury Stock, 500 shares, $11,000. Prepare the stockholders' equity section of the balance sheet. Novak Corp. Balance Sheet (Partial) December 31
Pina Colada Corp. has these accounts at December 31: Common Stock, $10 par, 5,600 shares issued, $56,000; Paid-in Capital in Excess of Par Value $19,100; Retained Earnings $44,100; and Treasury Stock, 510 shares, $11,220 Prepare the stockholders' equity section of the balance sheet. Pina Colada Corp. Balance Sheet (Partial)
The following stockholders' equity accounts, arranged alphabetically, are in the ledger of Kalmia Corporation at December 31, 2017. Common Stock ($5 stated value) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Preferred Stock (8%, $100 par, noncumulative) Retained Earnings Treasury Stock-Common (10,000 shares) $2,200,000 280,000 800,000 500,000 1,334,000 120,000 Prepare the stockholders' equity section of the balance sheet at December 31, 2017. (Enter the account name only and do not provide the descriptive...
Flounder Corp. has these accounts at December 31: Common Stock $12 par 5.000 shares wed, $60,000. Paid in Capital in Excess of Par Value $18.500 Retained Earnings $43.500 and Treasury Stock, 450 shares, 59.900. Prepare the stockholders' equity Section of the balance sheet Flounder Corp Balance Sheet (Partial) December 31
A corporation issued 5,000 shares of its no par common stock that was assigned a $1 stated value per share. The issue price was $10 per share. The entry to record this transaction would be Debit Cash $50,000; credit Paid-in Capital in Excess of Stated Value, Common Stock $45,000; credit Common Stock $5,000. Debit Cash $50,000; credit Common Stock $50,000. Debit Common Stock $50,000; credit Cash $50,000. Debit Treasury Stock $50,000; credit Cash $50,000. Debit Common Stock $25,000; debit Paid-in...
Martinez Corp has issued 94,000 shares of $4 par value common stock. It was authorized 500.000 shares. The paid in capital in excess of par value on the common stock is $259.000 The corporation has reacquired 6 200 shares at a cost of $40,000 and is currently holding those shares. It also had accumulated other comprehensive income of $62,300. The corporation also has 1.400 shares issued and outstanding of 7%.5101 per value preferred stock. It was auchorized 9.100 shares. The...