Date | Accounts Titles and explanation | Debit (in $ ) | Credit (in $ ) |
Jan. 8 | No Entry Required | - | |
No Entry Required | - | ||
Apr. 30 |
Cash Dividends ( $ 1.70 x 7,000 shares ) + ( 93,000 shares x $ 0.07 ) |
$ 18,410 | |
Cash Dividends payable | $ 18,410 | ||
July 1 | Cash Dividends payable | $ 18,410 | |
Cash | $ 18,410 | ||
Oct. 31 |
Cash Dividends ( $ 1.70 x 7,000 shares ) + ( 93,000 shares x $ 0.05 ) |
$ 16,550 | |
Cash Dividends payable | $ 16,550 | ||
Oct. 31 |
Stock Dividends ( 93,000 shares x 1% x $ 36 ) |
$ 33,480 | |
Stock
Dividends Distributable ( 93,000 shares x 1% x $ 20) |
$ 18,600 | ||
Paid in Capital in Excess of par - common Stock | $ 14,880 | ||
Dec. 31 | Cash Dividends payable | $ 16,550 | |
Cash | $ 16,550 | ||
Dec. 31 |
Stock Dividends Distributable |
$ 18,600 | |
Common Stock | $ 18,600 | ||
please show all step eBook Calculator Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon...
Calcuno Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Journalize the transactions If no entry is required, type "No Entry Required" and leave the amount boxes blank. For a compound transaction, if an amount box does not require an e Jan. 8. Split the common stock 3 for 1 and reduced the par from $54 to $18 per share. After the split, there were 75,000 common shares...
Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows. Journalize the transactions. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Jan. 8. Split the common stock 2 for 1 and reduced the par from $40 to $20 per share. After the split, there were 129,000 common shares outstanding. Jan....
Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Journalize the transactions. If no entry is required, type "No Entry Required" and leave the amount boxes blank. For a compound transaction, if an amount box does not require an entry, leave it blank. Jan. 8. Split the common stock 2 for 1 and reduced the par from $56 to $28 per share. After the split, there were 120,000...
Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Journalize the transactions If no entry is required, type "No Entry Required and leave the amount boxes blank. For a compound transaction, if an amount box does not require an entry, leave it blank. Jan. 8. Split the common stock 3 for 1 and reduced the par from $54 to $18 per share. After the split, there were 114,000...
resource from Cengage Learning Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows Journalize the transactions If no entry is required, type "No Entry Required and leave the amount boxes blank. For a compound transaction, if an amount box does not require an entry, leave it bank Jan. 8. Split the common stock 2 for 1 and reduced the par from $36 to $18 per share. After the...
Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Jan. 8 Split the common stock 2 for 1 and reduced the par from $80 to $40 per share. After the split, there were 157,000 common shares outstanding. Declared semiannual dividends of $0.65 per share on 19,000 shares of preferred stock and $0.24 per share on the common stock payable on July 1. Apr. 30 Jul. 1 Paid the cash dividends. Oct. 31 Declared...
Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Jan. 8 Split the common stock 2 for 1 and reduced the par from $80 to $40 per share. After the split, there were 157,000 common shares outstanding. Apr. 30 Declared semiannual dividends of $0.65 on 19,000 shares of preferred stock and $0.24 on the common stock payable on July 1. Jul. 1 Paid the cash dividends. Oct. 31 Declared semiannual dividends of $0.65...
There should be 13 Journal entries Instructions Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Split the common stock 2 for 1 and reduced the par from S80 to $40 per share. After the split, there were 150,000 common shares outstanding. Declared semiannual dividends of $0.75 on 18,000 shares of preferred stock and $0.28 on the common stock payable on July 1 Jan. 8 Apr 30 Jul. 1 Paid the cash dividends...
journalize the transactions Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows Jan. 8 Spit the common stock 2 for 1 and reduced the par from $80 to $40 per share. After the sple, there were 150,000 common shares outstanding Apr 30 Jul. Oct. 1 31 Declared semiannual dividends of $0.75 on 18,000 shares of preferred stock and $0.28 on the common stock payable on July 1. Paid the cash dividends Declared semiannual...
Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Jan. 8 Split the common stock 2 for 1 and reduced the par from $80 to $40 per share. After the split, there were 157,000 common shares outstanding. Apr. 30 Declared semiannual dividends of $0.65 on 19,000 shares of preferred stock and $0.24 on the common stock payable on July 1. Jul. 1 Paid the cash dividends. Oct. 31 Declared semiannual dividends of $0.65...