On October 1, Blossom Corporation's stockholders' equity is as follows. Common stock, $5 par value Paid-in...
On November 1, 2017, Nixon Corporation's stockholders' equity section is as follows: Common stock, $10 par value Paid-in capital in excess of par $600,000 Retained earnings 200,000 Total stockholders' equity $980.000 180.000 On November 1, Nixon declares and distributes an 18% stock dividend when the market value of the stock is $14 per share. Instructions Indicate the balances in the stockholders' equity accounts after the stock dividend has been distributed
Exercise 14-05 a-b (Part Level Submission) (Video) On October 1, Blossom Corporation's stockholders' equity is as follaws. Common stock, $5 par value Paid-in capital in excess of par-common stock Retained earnings $375,000 20,000 152,000 $547,000 Total stockholders' equity On Otter 1. Blossom declares and distrbutes a 10% stock dividend when the market price of the stock is $14 per share. ▼(a) Your answer is incorrect. Try again. Compute the par value per share (1) before the stock dividend and (2)...
Exercise 14-05 a-b (Part Level Submission) (Video) On October 1, Cullumber Corporation's stockholders' equity is as follows. Common stock, $5 par value Paid-in capital in excess of par-common stock Retained earnings $376,000 28,000 154,000 $558,000 Total stockholders' equity On October 1, Cullum ber declares and distributes a 10% stock dividend when the market price of the stock is $14 per share. ▼ (a) Your answer is incorrect. Try again Compute the par value per share (1) before the stock dividend...
COURCES Exercise 14-5 (Part Level Submission) On October 1, Little Bobby Corporation's stockholders' equity is as follows. Common stock, $5 par value $383,500 Paid-in capital in excess of par-common stock 25,000 Retained earnings 169,000 Total stockholders' equity $577,500 Part On October 1, Little Bobby declares and distributes a 10% stock dividend when the market price of the stock is $14 per share. (a) Study Your answer is correct. Compute the par value per share (1) before the stock dividend and...
Weygandt, Accounting Principles, 13e Exercise 14-05 a-b (Part Level Submission) (Video) On October 1, Oulumber Corporation's stockholders' equity is as follows. Common stock, $5 par value $381,500 Paid-in capital in excess of par-common stock 28,000 Retained earnings 165,000 Total stockholders' equity $574,500 On October 1, Cullumber declares and distributes a 10% stock dividend when the market price of the stock is $14 per share. (a) Compute the par value per share (1) before the stock dividend and (2) after the stock dividend. Par value before the stock dividend =...
Question 14 View Policies Current Attempt in Progress On November 1, 2020, Nixon Corporation's stockholders' equity section is as follows: Common stock, $10 par value Paid-in capital in excess of par Retained earnings Total stockholders' equity $600,000 180,000 200,000 $980,000 On November 1, Nixon declares and distributes an 18% stock dividend when the market value of the stock is $14 per share. Indicate the balances in the stockholders' equity accounts after the stock dividend has been distributed. Common stock Paid-in...
On October 10, the stockholders’ equity of Sherman Systems appears as follows. Common stock–$10 par value, 73,000 shares authorized, issued, and outstanding $ 730,000 Paid-in capital in excess of par value, common stock 221,000 Retained earnings 872,000 Total stockholders’ equity $ 1,823,000 1. Prepare journal entries to record the following transactions for Sherman Systems. Purchased 5,100 shares of its own common stock at $26 per share on October 11. Sold 1,025 treasury shares on November 1 for $32 cash...
The stockholders’ equity section of Jun Company’s balance sheet
as of April 1 follows. On April 2, Jun declares and distributes a
20% stock dividend. The stock’s per share market value on April 2
is $10 (prior to the dividend).
QS 13-7 Accounting for small stock dividend LO P2 The stockholders' equity section of Jun Company's balance sheet as of April 1 follows. On April 2, Jun declares and distributes a 20% stock dividend. The stock's per share market value...
On October 10, the stockholders' equity of Sherman Systems appears as follows. Common stock-$10 par value, 97,000 shares authorized, issued, and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 970,000 341,000 1,064,000 $ 2,375,000 1. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 7,500 shares of its own common stock at $50 per share on October 11. b. Sold 1,625 treasury shares on November 1 for $56...
Exercise 11-5 Stock dividends and splits LO P2 On June 30, 2017, Sharper Corporation's common stock is priced at $29.50 per share before any stock dividend or split, and the stockholders' equity section of its balance sheet appears as follows. Common stock-$6 par value, 60,000 shares authorized 24,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 144,000 100,000 244,000 $ 488.000 1. Assume that the company declares and immediately...