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can you please solve this On December 31, 2020, Ivanhoe Corporation had the following shareholders' equity...
On December 31, 2016, Crane Corporation had the following shareholders’ equity accounts: CRANE CORPORATION Balance Sheet (partial) December 31, 2016 Shareholders’ equity Common shares (unlimited number of shares authorized, 92,000 issued) $1,033,000 Retained earnings 520,000 Total shareholders’ equity $1,553,000 During the year, the following transactions occurred: Jan. 15 Declared a $1 per share cash dividend to shareholders of record on January 31, payable February 15. July 1 Announced a 2-for-1 stock split. The market price per share on the date...
On January 1, 2020, Cullumber Corporation had the following stockholders' equity accounts. Common Stock ($24 par value, 59,000 shares issued and outstanding) $1,416,000 Paid-in Capital in Excess of Par-Common Stock 197,000 Retained Earnings 559,000 During the year, the following transactions occurred. Feb. 1 Declared a $3 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2-for-1 stock split. Prior to the split, the...
dates On January 1, 2020, Oriole Corporation had the following stockholders' equity accounts. Support ins Common Stock ($26 par value. 50,000 shares issued and outstanding) $1,300,000 Paid-in Capital in Excess of Par-Common Stock 199,000 Retained Earnings 558,000 ver During the year, the following transactions occurred. Declared a $2 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. wat Paid the dividend declared in February Apr. Announced a 2-for-1 stock split. Prior to the split,...
The balance sheet of Consolidated Paper, Inc., included the following shareholders' equity accounts at December 31, 2020: During 2021, several events and transactions affected the retained earnings of Consolidated Paper Required: 1. Prepare the appropriate entries for these events. a. On March 3, the board of directors declared a property dividend of 205,000 shares of Leasco International common stock that Consolidated Paper had purchased in January as an investment (book value: $604,000). The investment shares had a fair value of $3 per share and...
Problem 14-01A a-c (Video) On January 1, 2020, Blossom Corporation had the following stockholders' equity accounts. Common Stock ($26 par value, 55,500 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $1,443,000 202,000 637,000 During the year, the following transactions occurred. Feb. 1 Declared a $3 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2-for-1 stock split. Prior...
On January 1, 2020, Sheridan Corporation had the following stockholders' equity accounts. Common Stock ($22 par value, 53,500 shares issued and outstanding) $1,177,000 Paid-in Capital in Excess of Par-Common Stock 191,000Retained Earnings 631,000 During the year, the following transactions occurred. Feb. 1 Declared a 3 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February Apr. 1 Announced a 2-for-1 stock split. Prior to the split, the market price per share was $38. July 1 Declared a...
On January 1, 2020, Blossom Corporation had the following stockholders’ equity accounts.Common Stock ($20 par value, 50,000 shares issued and outstanding)$1,000,000Paid-in Capital in Excess of Par—Common Stock190,000Retained Earnings550,000During the year, the following transactions occurred.Feb. 1Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1.Mar. 1Paid the dividend declared in February.Apr. 1Announced a 2-for-1 stock split. Prior to the split, the market price per share was $35.July 1Declared a 10% stock dividend to stockholders...
Question: Please help! The balance sheet of Consolidated Paper, Inc., included the following shareholders' equity accounts at December 31, 2020: Paid-in capital: Preferred stock, 8.8%, 90,000 shares at $1 par$90,000 Common stock, 364,000 shares at $1 par 364,000 Paid-in capital—excess of par, preferred 1,437,000 Paid-in capital—excess of par, common 2,574,000 Retained earnings 9,735,000 Treasury stock, at cost; 4,000 common shares (44,000)Total shareholders' equity$14,156,000 During 2021, several events and transactions affected the retained earnings of Consolidated Paper. Required: 1. Prepare the appropriate...
The balance sheet of Consolidated Paper, Inc., Included the following shareholders' equity accounts at December 31, 2020: Paid-in capital: Preferred stock, 8.8%, 95, eee shares at $i par Common stock, 454,500 shares at $1 par Paid-in capital-excess of par, preferred Paid-in capital-excess of par, common Retained earnings Treasury stock, at cost; 4,500 common shares Total shareholders' equity $ 95, eee 454,500 1,565,000 2,615, cee 9,445, eee (49,500) $14,125,000 During 2021, several events and transactions affected the retained earnings of Consolidated...
Problem 14-03A a-d On January 1, 2020, Carta Vista Corporation had the following stockholders' equity accounts. Common Stock (no par value, 89,000 shares issued and outstanding) $1,450,000 Retained Earnings 476,000During the year, the following transactions occurred. Feb. 1 Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1.Mar. 1 Paid the dividend declared in FebruaryApr. 1 Announced a 3-for-1 stock split. Prior to the split, the market price per share was $39. July 1 Declared a 4% stock dividend to stockholders of...