The plan of reorganizing for Taylor Companies, Inc., was approved by the court, stockholders, and creditors on December 31, 20X1.
Could you kindly show detailed calculations on how to get the numbers in red boxes? Specifically, 177,530 and (22,670) in "Additional Paid-In Capital" line.
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The plan of reorganizing for Taylor Companies, Inc., was approved by the court, stockholders, and creditors on December 31, 20X1.
EXHIBIT 8 Stockholders' Equity Section of a Balance Sheet Telex Inc. Balance Sheet December 31, 20Y7...
EXHIBIT 8 Stockholders' Equity Section of a Balance Sheet Telex Inc. Balance Sheet December 31, 20Y7 Stockholders' Equity Paid-in capital: Preferred 1096 stock, $50 par (2,000 shares authorized and issued) Excess over par $100,000 10,000 Paid-in capital, preferred stock $ 110,000 Common stock, $20 par (50,000 shares authorized, 45,000 shares issued)... $900,000 190,000 Method 1 Paid-in capital, common stock 1,090,000 2,000 Total paid-in capital... $1,202,000 350,000 1,552,000 (27000 $1,525,000 Stockholders' Equity Contributed capital: Preferred 1096 stock, $50 par(2,000 shares authorized...
The stockholders’ equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 2016,...
The stockholders’ equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 2016, are as follows. Common Stock Jan. 1 Balance 5,265,000 Apr. 14 Issued 33,000 shares 1,287,000 Dec. 31 Balance 6,552,000 Paid-in Capital in Excess of Par Jan. 1 Balance 1,080,000 Apr. 14 Issued 33,000 shares 330,000 Dec. 31 Balance 1,410,000 Treasury Stock Aug. 7 Purchased 12,500 shares 550,000 Retained Earnings Mar. 31 Dividend 74,900 Jan. 1 Balance 12,496,100 June 30 Dividend 74,900 Sept. 30 Dividend...
Instructions The stockholders' equity T accounts of I-Cards Inc. for the year ended December 31, 2019,...
Instructions The stockholders' equity T accounts of I-Cards Inc. for the year ended December 31, 2019, are as follows. Common Stock Jan. 1 Balance 5,265,000 Apr. 14 Issued 33,000 shares 1,287,000 Dec. 31 Balance 6,552,000 Paid-in Capital in Excess of Par Jan. 1 Balance 1,080,000 Apr. 14 Issued 33,000 shares 330,000 Dec. 31 Balance 1,410,000 Treasury Stock Aug. 7 Purchased 12,500 shares 550,000 Retained Earnings Mar. 31 Dividend 74,900 Jan. 1 Balance 12,496,100 June 30 Dividend 74,900 Sept. 30 Dividend...
More Info The stockholders' equity of Shoreside Occupational Therapy, Inc. on December 31, 2017, follows: B...
More Info The stockholders' equity of Shoreside Occupational Therapy, Inc. on December 31, 2017, follows: B (Click the icon to view the data.) i (Click the icon to show additional information.) Read the requirements. On April 30, 2018, the market price of Shoreside's common stock was $13 per share and the company declared an 11% stock dividend. The stock was distributed on May 15. Issued 11% stock dividend. Requirement 2. Prepare the stockholders' equity section of the balance sheet as...
Print 6. The stockholders' equity of Lakeside Occupational Therapy, Inc. on December 31, 2017, follows: (Click...
Print 6. The stockholders' equity of Lakeside Occupational Therapy, Inc. on December 31, 2017, follows: (Click the icon to view the data.) ?(Click the icon to show additional information.) Read the requirements3. Requirement 1. Journalize the declaration and distribution of the stock dividend. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) First, journalize the declaration of the stock dividend. Date Accounts and Explanation Debit Credit Apr. 30 Now journalize the distribution...
The following table shows the stockholders' equity account for Verataco Company at December 31, 2016. Stockholders'...
The following table shows the stockholders' equity account for Verataco Company at December 31, 2016. Stockholders' Equity Common stock, $5 par, 500,000 shares authorized; 350,000 shares issued and outstanding Paid-in capital in excess of par value Retained earnings 1,750,000 800,000 634,000 During 2017, the following transactions occurred: January 5 Issued 10,000 shares of common stock for $13 cash per share January 18 Repurchased 4,000 shares of common stock at $16 cash per share March 22 Sold 1,000 of the treasury...
please show all the work T Enterprises Balance Sheet (partial) At December 31, Year 4 Stockholders'...
please show all the work
T Enterprises Balance Sheet (partial) At December 31, Year 4 Stockholders' Equity: Preferred stock ($50 par) $500,000 Common stock (S0.10 par) 30.000 Additional Paid in capital 7,520,000 Total paid in capital 8,050,000 Retained earnings 610,100 Treasury stock (5,000 common shares) (150,000) Total stockholders' equity $8,510,100 1. How many shares of preferred stock have been issued? 2a. How many shares of common stock have been issued? 2b. How many of the common shares are outstanding? 3....
Bramble Company has the following stockholders’ equity accounts at December 31, 2017. Common Stock ($100 par...
Bramble Company has the following stockholders’ equity accounts
at December 31, 2017. Common Stock ($100 par value, authorized
8,600 shares) $455,900 Retained Earnings 311,600 Prepare entries in
journal form to record the following transactions, which took place
during 2018. (Credit account titles are automatically indented when
amount is entered. Do not indent manually. If no entry is required,
select "No Entry" for the account titles and enter 0 for the
amounts.) (1) 300 shares of outstanding stock were purchased at...
III. Statement of Cash Flows: Comparative balance sheets of Shawnee Inc. as of December 31, 20x8...
III. Statement of Cash Flows: Comparative balance sheets of Shawnee Inc. as of December 31, 20x8 and 20x7 and information relating to activities for the year 20x8 are presented below: 12/31/x7 Cash Accounts Receivable Merchandise Inventory Long-term Investments Property & Equipment (Cost) Accumulated Depreciation Intangible Assets 12/31/x8 $71,200 69,500 29,000 22,300 99,500 (19,000) 7,500 280,000 $33,700 60,000 24,000 37,500 75,000 (11,500) 8,000 226,700 Accounts Payable Long-Term Note Payable Common Stock Additional Paid-in Capital Retained Earnings 33,500 26,000 35,000 117,000 68,500...
Break-even, Financial and Operating Leverages Johnson Products, Inc. Income Statement For the Year Ended December 31,...
Break-even, Financial and Operating Leverages Johnson Products, Inc. Income Statement For the Year Ended December 31, 2018 Sales (40,000 bags at $50 each) .................................. $2,000,000 Less: Variable costs (40,000 bags at $25)................ 1,000,000 Fixed costs.............................................................. 600,000 Earnings before interest and taxes .............................. 400,000 Interest expense ........................................................... 120,000 Earnings before taxes ................................................. 280,000 Income tax expense (20%) .......................................... 56,000 Net income .................................................................. $ 224,000 Based on the information above, calculate (show all calculations and responses in good form):...
EXHIBIT 8 Stockholders' Equity Section of a Balance Sheet Telex Inc. Balance Sheet December 31, 20Y7 Stockholders' Equity Paid-in capital: Preferred 1096 stock, $50 par (2,000 shares authorized and issued) Excess over par $100,000 10,000 Paid-in capital, preferred stock $ 110,000 Common stock, $20 par (50,000 shares authorized, 45,000 shares issued)... $900,000 190,000 Method 1 Paid-in capital, common stock 1,090,000 2,000 Total paid-in capital... $1,202,000 350,000 1,552,000 (27000 $1,525,000 Stockholders' Equity Contributed capital: Preferred 1096 stock, $50 par(2,000 shares authorized...
Instructions The stockholders' equity T accounts of I-Cards Inc. for the year ended December 31, 2019, are as follows. Common Stock Jan. 1 Balance 5,265,000 Apr. 14 Issued 33,000 shares 1,287,000 Dec. 31 Balance 6,552,000 Paid-in Capital in Excess of Par Jan. 1 Balance 1,080,000 Apr. 14 Issued 33,000 shares 330,000 Dec. 31 Balance 1,410,000 Treasury Stock Aug. 7 Purchased 12,500 shares 550,000 Retained Earnings Mar. 31 Dividend 74,900 Jan. 1 Balance 12,496,100 June 30 Dividend 74,900 Sept. 30 Dividend...
More Info The stockholders' equity of Shoreside Occupational Therapy, Inc. on December 31, 2017, follows: B (Click the icon to view the data.) i (Click the icon to show additional information.) Read the requirements. On April 30, 2018, the market price of Shoreside's common stock was $13 per share and the company declared an 11% stock dividend. The stock was distributed on May 15. Issued 11% stock dividend. Requirement 2. Prepare the stockholders' equity section of the balance sheet as...
Print 6. The stockholders' equity of Lakeside Occupational Therapy, Inc. on December 31, 2017, follows: (Click the icon to view the data.) ?(Click the icon to show additional information.) Read the requirements3. Requirement 1. Journalize the declaration and distribution of the stock dividend. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) First, journalize the declaration of the stock dividend. Date Accounts and Explanation Debit Credit Apr. 30 Now journalize the distribution...
The following table shows the stockholders' equity account for Verataco Company at December 31, 2016. Stockholders' Equity Common stock, $5 par, 500,000 shares authorized; 350,000 shares issued and outstanding Paid-in capital in excess of par value Retained earnings 1,750,000 800,000 634,000 During 2017, the following transactions occurred: January 5 Issued 10,000 shares of common stock for $13 cash per share January 18 Repurchased 4,000 shares of common stock at $16 cash per share March 22 Sold 1,000 of the treasury...
please show all the work
T Enterprises Balance Sheet (partial) At December 31, Year 4 Stockholders' Equity: Preferred stock ($50 par) $500,000 Common stock (S0.10 par) 30.000 Additional Paid in capital 7,520,000 Total paid in capital 8,050,000 Retained earnings 610,100 Treasury stock (5,000 common shares) (150,000) Total stockholders' equity $8,510,100 1. How many shares of preferred stock have been issued? 2a. How many shares of common stock have been issued? 2b. How many of the common shares are outstanding? 3....
Bramble Company has the following stockholders’ equity accounts
at December 31, 2017. Common Stock ($100 par value, authorized
8,600 shares) $455,900 Retained Earnings 311,600 Prepare entries in
journal form to record the following transactions, which took place
during 2018. (Credit account titles are automatically indented when
amount is entered. Do not indent manually. If no entry is required,
select "No Entry" for the account titles and enter 0 for the
amounts.) (1) 300 shares of outstanding stock were purchased at...
III. Statement of Cash Flows: Comparative balance sheets of Shawnee Inc. as of December 31, 20x8 and 20x7 and information relating to activities for the year 20x8 are presented below: 12/31/x7 Cash Accounts Receivable Merchandise Inventory Long-term Investments Property & Equipment (Cost) Accumulated Depreciation Intangible Assets 12/31/x8 $71,200 69,500 29,000 22,300 99,500 (19,000) 7,500 280,000 $33,700 60,000 24,000 37,500 75,000 (11,500) 8,000 226,700 Accounts Payable Long-Term Note Payable Common Stock Additional Paid-in Capital Retained Earnings 33,500 26,000 35,000 117,000 68,500...
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