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| Common Stock & Paid in Capital | Retained earnings | Accumulated Other C I | Treasury Stock | Total Stockholder's Equity | |
| Beginning balances | $300,000 | $200,000 | $60,000 | ($40,000) | $520,000 |
| Net Income earned | $60,000 | $60,000 | |||
| Dividends paid | ($20,000) | ($20,000) | |||
| Paid for share repurchase | ($75,000) | ($75,000) | |||
| Other CI | $10,000 | $10,000 | |||
| Common share issuance | $0 | $0 | |||
| Total [Ending balances] | $300,000 | $240,000 | $70,000 | ($115,000) | $495,000 |
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STATEMENT OF SHAREHOLDERS EQUITY Problem 7pts Using the livily listed and...
STATEMENT OF SHAREHOLDERS EQUITY Problem 7pts Using the activity listed and the starting balances in a...
STATEMENT OF SHAREHOLDERS EQUITY Problem 7pts Using the activity listed and the starting balances in a firm's Shareholder Equity, calculate/update the ending Shareholder balances. Net Income earned = 60,000 Dividends Paid = 20,000 Paid for Share Repurchases = 75,000 Other Comprehensive Income = 10,000 Common Share Issuance = $0 Common Stock & Retained Accumulated Other Treasury Total Shareholder Equity Paid in Capital Earnings Comprehensive Income Stock 300,000 200,000 60,000 (40,000) 520,000 « BEGINNING << ENDING
Statement of Shareholders' Equity Example: Stanley, Inc. reported the following information for the year of 2016:...
Statement of Shareholders' Equity Example: Stanley, Inc. reported the following information for the year of 2016: Stanley is a calendar year corporation. Net Income of $120,000 Declared and paid a cash dividend of $10,000 Unrealized loss on AFS Securities of $60,000 The company issued 1,000 shares of common stock for $20 per share • Stanley reported the following account balances at January 1, 2016 (beginning of year): Common Stock, $5par Additional Paid-In Capital, common stock Accumulated Other Comprehensive Income Retained...
Analyzing and Interpreting Equity Accounts and Comprehensive Income Assume this is the shareholders' equity section of...
Analyzing and Interpreting Equity Accounts and Comprehensive Income Assume this is the shareholders' equity section of the 2008 balance sheet for Procter & Gamble Company and its statement of shareholders equity. June 20 (In millions, except per share amounts) 2007 2008 Shareholders Equity Convertible Class A preferred stock, stated value $1 per share (600 shares authorized) Non-voting Class B preferred stock, stated value S1 per share (200 shares authorized) Common stock, stated value S1 per share (10.000 shares authorized: shares...
Please explain how to get the answers to the missing blanks. Statement of Shareholders' Equity On...
Please explain how to get the answers to the missing blanks.
Statement of Shareholders' Equity On January 1, 2019, Osgood Film Studios reported the following alphabetical list of shareholders' equity items: Additional paid-in capital on common stock $135,150 Additional paid-in capital on preferred stock 19,000 Common stock, $2 par 63,600 Preferred stock, $100 par 95,000 Retained earnings 174,000 During 2019, the company sold 2,800 shares of common stock for $13 per share and 380 shares of preferred stock for $128...
Volunteer Brewery's shareholders’ equity included the following accounts at December 31, 2020: Shareholders' Equity Common stock,...
Volunteer Brewery's shareholders’ equity included the following accounts at December 31, 2020: Shareholders' Equity Common stock, 1 million shares at $1 par $ 1,000,000 Paid-in capital—excess of par 14,000,000 Retained earnings 4,200,000 On March 13, Volunteer reacquired 300,000 shares of its common stock as treasury stock at $10 per share. Volunteer later resold 200,000 shares for $12 per share. Net income for 2021 was $480,000 and the entire net income was distributed as cash dividends to common shareholders. What amount...
Statement of Shareholders' Equity On January 1, 2019, Powder Company provided the following shareholders' equity section...
Statement of Shareholders'
Equity On January 1, 2019, Powder Company provided the following
shareholders' equity section of its balance sheet: Contributed
Capital:
ptatement of Snarenolders' Equity on January 1, 2019, Powder Company provided the following shareholders' equity section of its balance sheet: Contributed Capital: Preferred stock, $100 par $ 92,700 37,400 21,500 Common stock, $5 par Additional paid-in capital on preferred stock Additional paid-in capital on common stock Total contributed capital Retained earnings 58,700 $210,300 185,000 Total Shareholders' Equity $395,300...
Accounting for Shareholders’ Equity Transactions The shareholders’ equity section of the balance sheet of The Claremont...
Accounting for Shareholders’ Equity
Transactions
The shareholders’ equity section of the balance sheet of The
Claremont Company appeared as follows at the end of the first year
of operations:
Common stock, $0.1 par value
$600,000
Additional paid-in-capital
89,400,000
Retained earnings
32,000,000
Treasury stock
(7,500,000)
Shareholders’ equity
$114,500,000
During the second year of operations, the following transactions
occurred:
Generated net income of $6 million.
Paid a cash dividend of $1.5 million.
Purchased 100,000 shares of common stock at $9.5 per
share....
Please complete the statement of changes of Owners Equity below. Statement of Changes In Owners Equity...
Please complete the statement of changes of Owners Equity
below.
Statement of Changes In Owners Equity
Common Stock
Additional PIC
Retained Earnings
Accumulated Other Comprehensive Income
Treasury Stock
Totals
Net Income
Dividends
Issued PIC
Treasury Stock
Debt Securities (Unrealized)
Other Comprehensive Income
Ending Balance
Worksheet Month Ended January 31, 2019 Trial Balance Adjustments Adjusted Trial Bal Income Statement Balance Sheet DR CRDR CRDR CRDR CR DR CR 123 200 123 200 123 200 16.500 16.500 15.500 300 660 000 600...
36140 201830/F2018-1235-Statem uity question- Homework Question.xlsx ACCT 1235-Chapter 9 Homework Question (Statement of Shareholders' Equity) Dec...
36140 201830/F2018-1235-Statem uity question- Homework Question.xlsx ACCT 1235-Chapter 9 Homework Question (Statement of Shareholders' Equity) Dec 31, 2017 Balances (from Balance Sheet) Common Shares Accumulated other comprehensive income Retained earnings 300,000 issued $5,100,000 $4,500,000 $1,200,000 $10,800,000 Total Net income for the year $700,000 Other comprehensive income for they year Issued common shares: Stock dividends declared and distributed: Cash dividend paid of $35,000 $15 /share issued at 50,000 7% when the market price was $17 /share $2/share Required: 1) Prepare statement...
National Supply's shareholders' equity included the following accounts at December 31, 2017: Shareholders' Equity ($ in...
National Supply's shareholders' equity included the following accounts at December 31, 2017: Shareholders' Equity ($ in millions) Common stock, 6 million shares at $1 par $ 6,000,000 Paid-in capital—excess of par 30,000,000 Retained earnings 86,500,000 Required: 1. National Supply reacquired shares of its common stock in two separate transactions and later sold shares. Prepare the entries for each of the transactions under each of two separate assumptions: the shares are (a) retired and (b) accounted for as treasury stock. February...
STATEMENT OF SHAREHOLDERS EQUITY Problem 7pts Using the activity listed and the starting balances in a firm's Shareholder Equity, calculate/update the ending Shareholder balances. Net Income earned = 60,000 Dividends Paid = 20,000 Paid for Share Repurchases = 75,000 Other Comprehensive Income = 10,000 Common Share Issuance = $0 Common Stock & Retained Accumulated Other Treasury Total Shareholder Equity Paid in Capital Earnings Comprehensive Income Stock 300,000 200,000 60,000 (40,000) 520,000 « BEGINNING << ENDING
Statement of Shareholders' Equity Example: Stanley, Inc. reported the following information for the year of 2016: Stanley is a calendar year corporation. Net Income of $120,000 Declared and paid a cash dividend of $10,000 Unrealized loss on AFS Securities of $60,000 The company issued 1,000 shares of common stock for $20 per share • Stanley reported the following account balances at January 1, 2016 (beginning of year): Common Stock, $5par Additional Paid-In Capital, common stock Accumulated Other Comprehensive Income Retained...
Analyzing and Interpreting Equity Accounts and Comprehensive Income Assume this is the shareholders' equity section of the 2008 balance sheet for Procter & Gamble Company and its statement of shareholders equity. June 20 (In millions, except per share amounts) 2007 2008 Shareholders Equity Convertible Class A preferred stock, stated value $1 per share (600 shares authorized) Non-voting Class B preferred stock, stated value S1 per share (200 shares authorized) Common stock, stated value S1 per share (10.000 shares authorized: shares...
Please explain how to get the answers to the missing blanks.
Statement of Shareholders' Equity On January 1, 2019, Osgood Film Studios reported the following alphabetical list of shareholders' equity items: Additional paid-in capital on common stock $135,150 Additional paid-in capital on preferred stock 19,000 Common stock, $2 par 63,600 Preferred stock, $100 par 95,000 Retained earnings 174,000 During 2019, the company sold 2,800 shares of common stock for $13 per share and 380 shares of preferred stock for $128...
Statement of Shareholders'
Equity On January 1, 2019, Powder Company provided the following
shareholders' equity section of its balance sheet: Contributed
Capital:
ptatement of Snarenolders' Equity on January 1, 2019, Powder Company provided the following shareholders' equity section of its balance sheet: Contributed Capital: Preferred stock, $100 par $ 92,700 37,400 21,500 Common stock, $5 par Additional paid-in capital on preferred stock Additional paid-in capital on common stock Total contributed capital Retained earnings 58,700 $210,300 185,000 Total Shareholders' Equity $395,300...
Accounting for Shareholders’ Equity
Transactions
The shareholders’ equity section of the balance sheet of The
Claremont Company appeared as follows at the end of the first year
of operations:
Common stock, $0.1 par value
$600,000
Additional paid-in-capital
89,400,000
Retained earnings
32,000,000
Treasury stock
(7,500,000)
Shareholders’ equity
$114,500,000
During the second year of operations, the following transactions
occurred:
Generated net income of $6 million.
Paid a cash dividend of $1.5 million.
Purchased 100,000 shares of common stock at $9.5 per
share....
Please complete the statement of changes of Owners Equity
below.
Statement of Changes In Owners Equity
Common Stock
Additional PIC
Retained Earnings
Accumulated Other Comprehensive Income
Treasury Stock
Totals
Net Income
Dividends
Issued PIC
Treasury Stock
Debt Securities (Unrealized)
Other Comprehensive Income
Ending Balance
Worksheet Month Ended January 31, 2019 Trial Balance Adjustments Adjusted Trial Bal Income Statement Balance Sheet DR CRDR CRDR CRDR CR DR CR 123 200 123 200 123 200 16.500 16.500 15.500 300 660 000 600...
36140 201830/F2018-1235-Statem uity question- Homework Question.xlsx ACCT 1235-Chapter 9 Homework Question (Statement of Shareholders' Equity) Dec 31, 2017 Balances (from Balance Sheet) Common Shares Accumulated other comprehensive income Retained earnings 300,000 issued $5,100,000 $4,500,000 $1,200,000 $10,800,000 Total Net income for the year $700,000 Other comprehensive income for they year Issued common shares: Stock dividends declared and distributed: Cash dividend paid of $35,000 $15 /share issued at 50,000 7% when the market price was $17 /share $2/share Required: 1) Prepare statement...
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