Joo's Glass Shop has the balance sheet accounts, Common Stock and Paid Capital in Excess of...
Homework Answers
Stock originally sold for = (92500 + 500000)/60000 = 9.875 per share
Paid in excess of par shows the premium charged by company at the time of issue to prospective shareholders.
Answer : 9.875 [Thumbs up please]
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Joo's Glass Shop has the balance sheet accounts, Common Stock and
Paid Capital in Excess of...
Tractor Equipment Corporation has the balance sheet accounts, Common Stock and Paid-in Capital in Excess of...
Tractor Equipment Corporation has the balance sheet accounts, Common Stock and Paid-in Capital in Excess of Par, with values of $10,000 and $250,000, respectively. The firm has 10,000 common shares outstanding. If the firm had a par value of $1, calculate the value the stock originally sold for.
Please respond to both pictures asap. I will THUMBS UP within the hour. 9 10 Joe's...
Please respond to both pictures asap. I will THUMBS UP within the
hour.
9
10
Joe's Glass Shop has the balance sheet accounts, Common Stock and Paid - in Capital in Excess of Pw, with values of 382.500 and $500,000, respectively. The firm has 60,000 common shares outstanding. The stock originally sold for OA 553/share OB. 30./share OC. 51 Share OD 513 Share Now where preferred socker Ohers have priory over common stoer in the cation of has les restrictive...
Marigold Company's balance sheet shows: Common stock, $20 par Paid-in capital in excess of par Retained...
Marigold Company's balance sheet shows: Common stock, $20 par Paid-in capital in excess of par Retained earnings $3,200,000 1,010,000 790,000 Record the following transactions by the cost method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no ent "No Entry" for the account titles and enter o for the amounts.) (a) (b) (c) Bought 7,800 shares of its common stock at $36 a share. Sold 4,100 treasury shares at $38 a share. Sold...
Carson Corporation has the following capital stock outstanding at December 31, 2019: 9% Preferred stock, $100...
Carson Corporation has the following capital stock outstanding at December 31, 2019: 9% Preferred stock, $100 par value, cumulative 15,000 shares issued and outstanding $1,500,000 Common stock, no par, $10 stated value, 500,000 shares authorized, 350,000 shares issued and outstanding $3,500,000 The preferred stock was issued at $110 per share. The common stock was issued at $16 per share. Instructions Prepare the paid-in capital section of the balance sheet at December 31, 2019. Carson Corporation Balance Sheet (partial) As of...
Pina Colada Corp. has these accounts at December 31: Common Stock, $10 par, 5,600 shares issued, $56,000; Paid-in Capit...
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,...
Stockholders' Equity: Transactions and Balance Sheet Presentation The stockholders' equity accounts of Willis Corporation at January...
Stockholders' Equity: Transactions and Balance Sheet Presentation The stockholders' equity accounts of Willis Corporation at January 1 appear below: 8 Percent preferred stock, $10 par value, 50,000 shares authorized; 6,800 shares issued and outstanding $68,000 Common stock, $10 par value, 200,000 shares authorized; 50,000 shares issued and outstanding 500,000 Paid-in capital in excess of par value-Preferred stock 68,000 Paid-in capital in excess of par value-Common stock 200,000 Retained earnings 270,000 During the year, the following transactions occurred: Jan. 10 Issued...
Thomas Corporation Balance Sheet (partial) December 31, 2018 Stockholders' equity Paid-in-Capital 1) Preferred stock, 9%,...
Thomas Corporation Balance Sheet (partial) December 31, 2018 Stockholders' equity Paid-in-Capital 1) Preferred stock, 9%, $10 par value, 10,000 shares 1._________ authorized, 5,000 shares issued and outstanding Paid-In Capital in excess of par value – preferred 50,000 2) Common stock, $4 stated value, 50,000 shares authorized, 40,000 shares issued, and 39,000 2. ________ shares outstanding _________ Paid-In Capital in excess of stated value - common 240,000 3) Total Paid-in-Capital ...
Flounder Corp. has these accounts at December 31: Common Stock $12 par 5.000 shares wed, $60,000....
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
Section F--Treasury Stock Transactions Albany State Corporation balance sheet reported the following: Capital stock outstanding, 10,000...
Section F--Treasury Stock Transactions Albany State Corporation balance sheet reported the following: Capital stock outstanding, 10,000 shares, par value $15 Paid-in capital in excess of par Retained earnings $150,000 40,000 60,000 Prepare the journal entry for the following transactions under the cost method of accounting for treasury stock 1. Purchased 1,000 shares of common stock to be held as treasury stock, paying $25 per share. 2. Sold 300 of these shares of at $30 per share. eno vol blog stolz...
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...
Please respond to both pictures asap. I will THUMBS UP within the
hour.
9
10
Joe's Glass Shop has the balance sheet accounts, Common Stock and Paid - in Capital in Excess of Pw, with values of 382.500 and $500,000, respectively. The firm has 60,000 common shares outstanding. The stock originally sold for OA 553/share OB. 30./share OC. 51 Share OD 513 Share Now where preferred socker Ohers have priory over common stoer in the cation of has les restrictive...
Marigold Company's balance sheet shows: Common stock, $20 par Paid-in capital in excess of par Retained earnings $3,200,000 1,010,000 790,000 Record the following transactions by the cost method. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no ent "No Entry" for the account titles and enter o for the amounts.) (a) (b) (c) Bought 7,800 shares of its common stock at $36 a share. Sold 4,100 treasury shares at $38 a share. Sold...
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,...
Stockholders' Equity: Transactions and Balance Sheet Presentation The stockholders' equity accounts of Willis Corporation at January 1 appear below: 8 Percent preferred stock, $10 par value, 50,000 shares authorized; 6,800 shares issued and outstanding $68,000 Common stock, $10 par value, 200,000 shares authorized; 50,000 shares issued and outstanding 500,000 Paid-in capital in excess of par value-Preferred stock 68,000 Paid-in capital in excess of par value-Common stock 200,000 Retained earnings 270,000 During the year, the following transactions occurred: Jan. 10 Issued...
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
Section F--Treasury Stock Transactions Albany State Corporation balance sheet reported the following: Capital stock outstanding, 10,000 shares, par value $15 Paid-in capital in excess of par Retained earnings $150,000 40,000 60,000 Prepare the journal entry for the following transactions under the cost method of accounting for treasury stock 1. Purchased 1,000 shares of common stock to be held as treasury stock, paying $25 per share. 2. Sold 300 of these shares of at $30 per share. eno vol blog stolz...
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...
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