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Homework Answers
a) Journal entry
| Date | account and explanation | Debit | Credit |
| Feb 5 | Stock dividend (63000*2%*36) | 45360 | |
| Common Stock dividend distributable | 25200 | ||
| Paid in capital in excess of par value-Common Stock | 20160 | ||
| (To record stock dividend declared) |
B) Journal entry
| Date | account and explanation | Debit | Credit |
| Feb 28 | Common Stock dividend distributable | 25200 | |
| Common Stock | 25200 | ||
| (To record stock dividend distributed) |
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Required information [The following information applies to the questions displayed below.] The stockholders' equity of...
Required information (The following information applies to the questions displayed below.) The stockholders' equity of TVX...
Required information (The following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$20 par value, 150,000 shares authorized, 61,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,220,000 423,000 551,000 $2,194,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's...
Help please! Required information [The following information applies to the questions displayed below.] The stockholders' equity...
Help please!
Required information [The following information applies to the questions displayed below.] The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$5 par value, 150,000 shares authorized, 61,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 305,000 426,000 548,000 $1,279,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of...
QUIZ Seved Required information [The following information applies to the questions displayed below.) The stockholders' equity...
QUIZ Seved Required information [The following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. 02844 Common stock-$25 par value, 150,000 shares authorized, 64,000 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,600,000 422,000 550,000 $2,572,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders...
Required information The following information applies to the questions displayed below. The stockholders' equity of TVX...
Required information The following information applies to the questions displayed below. The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$20 par value, 150,000 shares authorized, 57,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,140,000 422,000 548,000 $2,110,000 mences On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The...
Required information [The following information applies to the questions displayed below.) The stockholders' equity of TVX...
Required information [The following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows: Common stock-$20 par value, 150,000 shares authorized, 65,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,300,000 525,000 675,000 $2,500,000 On February 5, the directors declare a 14% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's...
Required information [The following information applies to the questions displayed below) The stockholders' equity of TVX...
Required information [The following information applies to the questions displayed below) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$5 par value, 150,000 shares authorized, 63,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 315,000 430,000 551,080 $1,296,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The...
Required information [The following information applies to the questions displayed below.] The stockholders' equity of TVX...
Required information [The following information applies to the questions displayed below.] The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$20 par value, 150,000 shares authorized, 63,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,260,000 422,000 546,000 $2,228,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's...
Connect Homework: Chapter 11 ( Required information (The following information applies to the questions displayed below.)...
Connect Homework: Chapter 11 ( Required information (The following information applies to the questions displayed below.) Part 1 of 2 The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. points Common stock-$10 par value, 150,000 shares authorized, 62,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 620,000 425,000 549,000 $1,594,000 eBook Hint On February 5, the directors declare a 2% stock dividend...
N Required information The following information applies to the questions displayed below The stockholders equity of...
N Required information The following information applies to the questions displayed below The stockholders equity of TVX Company at the beginning of the day on February 5 follows (80134 24 Common stock 520 par value, 150,000 Shares authorized: 69,000 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1, ,000 525,990 675,000 $2,580, eee On February 5, the directors declare a 14% stock dividend distributable on February 28 to the...
The stockholders' equity of TVX Company at the beginning of the day on February 5 follows....
The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$20 par value, 150,000 shares authorized, 57,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,140,000 422,000 548,000 $2,110,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders a record. The stock's market value is $31 per share on February 5 before the...
Required information (The following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$20 par value, 150,000 shares authorized, 61,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,220,000 423,000 551,000 $2,194,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's...
Help please!
Required information [The following information applies to the questions displayed below.] The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$5 par value, 150,000 shares authorized, 61,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 305,000 426,000 548,000 $1,279,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of...
QUIZ Seved Required information [The following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. 02844 Common stock-$25 par value, 150,000 shares authorized, 64,000 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,600,000 422,000 550,000 $2,572,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders...
Required information The following information applies to the questions displayed below. The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$20 par value, 150,000 shares authorized, 57,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,140,000 422,000 548,000 $2,110,000 mences On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The...
Required information [The following information applies to the questions displayed below.) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows: Common stock-$20 par value, 150,000 shares authorized, 65,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,300,000 525,000 675,000 $2,500,000 On February 5, the directors declare a 14% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's...
Required information [The following information applies to the questions displayed below) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$5 par value, 150,000 shares authorized, 63,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 315,000 430,000 551,080 $1,296,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The...
Required information [The following information applies to the questions displayed below.] The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$20 par value, 150,000 shares authorized, 63,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,260,000 422,000 546,000 $2,228,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's...
Connect Homework: Chapter 11 ( Required information (The following information applies to the questions displayed below.) Part 1 of 2 The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. points Common stock-$10 par value, 150,000 shares authorized, 62,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 620,000 425,000 549,000 $1,594,000 eBook Hint On February 5, the directors declare a 2% stock dividend...
N Required information The following information applies to the questions displayed below The stockholders equity of TVX Company at the beginning of the day on February 5 follows (80134 24 Common stock 520 par value, 150,000 Shares authorized: 69,000 shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1, ,000 525,990 675,000 $2,580, eee On February 5, the directors declare a 14% stock dividend distributable on February 28 to the...
The stockholders' equity of TVX Company at the beginning of the day on February 5 follows. Common stock-$20 par value, 150,000 shares authorized, 57,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,140,000 422,000 548,000 $2,110,000 On February 5, the directors declare a 2% stock dividend distributable on February 28 to the February 15 stockholders a record. The stock's market value is $31 per share on February 5 before the...
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