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Problem 11-4A (Part Level Submission) On January 1, 2019, Blue Spruce Corp. had the following stockholders'...
On January 1, 2019, Blue Spruce Corp. had the following stockholders' equity accounts. Common Stock ($14...
On January 1, 2019, Blue Spruce Corp. had the following stockholders' equity accounts. Common Stock ($14 par value, 77,300 shares issued and outstanding) $1,082,200 Paid-in Capital in Excess of Par Value-Common Stock 203,000 Retained Earnings 581,000 During the year, the following transactions occurred. Jan. 15 Declared a $1.12 cash dividend per share to stockholders of record on January 31, payable February 15. Feb. 15 Paid the dividend declared in January. Apr. 15 Declared a 5% stock dividend to stockholders of...
Problem 14-01A a-c (Part Level Submission) (Video) On January 1, 2020, Wildhorse Corporation had the following...
Problem 14-01A a-c (Part Level Submission) (Video) On January 1, 2020, Wildhorse Corporation had the following stockholders' equity accounts. Common Stock ($24 par value, 63,000 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $1,512,000 206,000 636,000 During the year, the following transactions occurred. Feb. 1 Declared a $2 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...
Problem 11-08A (Part Level Submission) On January 1, 2022, Indigo Corporation had these stockholders' equity accounts....
Problem 11-08A (Part Level Submission) On January 1, 2022, Indigo Corporation had these stockholders' equity accounts. Common Stock ($10 par value, 75,000 shares issued and outstanding) Paid-in Capital in Excess of Par Value Retained Earnings $750,000 490,000 700,000 During the year, the following transactions occurred. Jan. 15 Feb. 15 Apr. 15 May 15 Dec. 1 Dec. 31 Declared a $0.60 cash dividend per share to stockholders of record on January 31, payable February 15. Paid the dividend declared in January....
Problem 11-2A (Part Level Submission) The stockholders' equity accounts of Blue Spruce Corp. on January 1,...
Problem 11-2A (Part Level Submission) The stockholders' equity accounts of Blue Spruce Corp. on January 1, 2017, were as follows. Preferred Stock (8%, $100 par noncumulative, 4,300 shares authorized) Common Stock ($3 stated value, 341,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (4,300 common shares) $258,000 852,500 12,900 545,600 687,500 34,400 During 2017, the corporation had the following transactions and events pertaining to its stockholders'...
Problem 11-02A (Part Level Submission) The stockholders' equity accounts of Blue Spruce Corp. on January 1,...
Problem 11-02A (Part Level Submission) The stockholders' equity accounts of Blue Spruce Corp. on January 1, 2022, were as follows. Preferred Stock (7%, $100 par noncumulative, 13,000 shares authorized) Common Stock ($4 stated value, 780,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (13,000 common shares) $780,000 2,600,000 39,000 1,248,000 1,788,800 104,000 During 2022, the corporation had the following transactions and events pertaining to its stockholders'...
On January 1, 2020, Whispering Winds Corp. had the following stockholders' equity accounts. a) Journalize the...
On January 1, 2020, Whispering Winds Corp. had the following
stockholders' equity accounts.
a) Journalize the transactions and the closing entries for net
income and dividends. (Record journal entries in the
order presented in the problem. Credit account titles are
automatically indented when the 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.)
On January 1, 2020, Whispering Winds Corp. had the following stockholders'...
Un January 1, 2020, Pina Colada Corp. had the following stockholders' equity accounts Common Stock ($24...
Un January 1, 2020, Pina Colada Corp. 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. Declared a $3 cash dividend per share to stockholders of record on February 15, payable March 1 Mar. " Paid the dividend declared in February Athird Apr. Announced a 2-for-1 stock split. Prior to the split, the market...
Problem 11-02A (Part Level Submission) The stockholders' equity accounts of Blue Spruce Corp. on January 1,...
Problem 11-02A (Part Level Submission) The stockholders' equity accounts of Blue Spruce Corp. on January 1, 2022, were as follows. Preferred Stock (7%, $100 par noncumulative, 13,000 shares authorized) Common Stock ($4 stated value, 780,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (13,000 common shares) $780,000 2,600,000 39,000 1,248,000 1,788,800 104,000 During 2022, the corporation had the following transactions and events pertaining to its stockholders'...
Problem 11-08A (Part Level Submission) On January 1, 2022, Ayayai Corp. had these stockholders' equity accounts....
Problem 11-08A (Part Level Submission) On January 1, 2022, Ayayai Corp. had these stockholders' equity accounts. Common Stock ($10 par value, 76,000 shares issued and outstanding) Paid-in Capital in Excess of Par Value Retained Earnings $760,000 491,000 616,000 During the year, the following transactions occurred. Jan. 15 Feb. 15 Apr. 15 May 15 Dec. 1 Dec. 31 Declared a $0.50 cash dividend per share to stockholders of record on January 31, payable February 15. Paid the dividend declared in January....
On January 1, 2020, Sheridan Corporation had the following stockholders' equity accounts.
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...
Problem 14-01A a-c (Part Level Submission) (Video) On January 1, 2020, Wildhorse Corporation had the following stockholders' equity accounts. Common Stock ($24 par value, 63,000 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $1,512,000 206,000 636,000 During the year, the following transactions occurred. Feb. 1 Declared a $2 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...
Problem 11-08A (Part Level Submission) On January 1, 2022, Indigo Corporation had these stockholders' equity accounts. Common Stock ($10 par value, 75,000 shares issued and outstanding) Paid-in Capital in Excess of Par Value Retained Earnings $750,000 490,000 700,000 During the year, the following transactions occurred. Jan. 15 Feb. 15 Apr. 15 May 15 Dec. 1 Dec. 31 Declared a $0.60 cash dividend per share to stockholders of record on January 31, payable February 15. Paid the dividend declared in January....
Problem 11-2A (Part Level Submission) The stockholders' equity accounts of Blue Spruce Corp. on January 1, 2017, were as follows. Preferred Stock (8%, $100 par noncumulative, 4,300 shares authorized) Common Stock ($3 stated value, 341,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (4,300 common shares) $258,000 852,500 12,900 545,600 687,500 34,400 During 2017, the corporation had the following transactions and events pertaining to its stockholders'...
Problem 11-02A (Part Level Submission) The stockholders' equity accounts of Blue Spruce Corp. on January 1, 2022, were as follows. Preferred Stock (7%, $100 par noncumulative, 13,000 shares authorized) Common Stock ($4 stated value, 780,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (13,000 common shares) $780,000 2,600,000 39,000 1,248,000 1,788,800 104,000 During 2022, the corporation had the following transactions and events pertaining to its stockholders'...
On January 1, 2020, Whispering Winds Corp. had the following
stockholders' equity accounts.
a) Journalize the transactions and the closing entries for net
income and dividends. (Record journal entries in the
order presented in the problem. Credit account titles are
automatically indented when the 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.)
On January 1, 2020, Whispering Winds Corp. had the following stockholders'...
Un January 1, 2020, Pina Colada Corp. 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. Declared a $3 cash dividend per share to stockholders of record on February 15, payable March 1 Mar. " Paid the dividend declared in February Athird Apr. Announced a 2-for-1 stock split. Prior to the split, the market...
Problem 11-02A (Part Level Submission) The stockholders' equity accounts of Blue Spruce Corp. on January 1, 2022, were as follows. Preferred Stock (7%, $100 par noncumulative, 13,000 shares authorized) Common Stock ($4 stated value, 780,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (13,000 common shares) $780,000 2,600,000 39,000 1,248,000 1,788,800 104,000 During 2022, the corporation had the following transactions and events pertaining to its stockholders'...
Problem 11-08A (Part Level Submission) On January 1, 2022, Ayayai Corp. had these stockholders' equity accounts. Common Stock ($10 par value, 76,000 shares issued and outstanding) Paid-in Capital in Excess of Par Value Retained Earnings $760,000 491,000 616,000 During the year, the following transactions occurred. Jan. 15 Feb. 15 Apr. 15 May 15 Dec. 1 Dec. 31 Declared a $0.50 cash dividend per share to stockholders of record on January 31, payable February 15. Paid the dividend declared in January....
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