Answer:
Requirement, as asked
Balance Sheet - Partial | |
at 31 December | |
Stockholder's equity | |
Paid in Capital | |
Capital Stock: | |
Common stock $ 10 par value, 5600 shares issued and shares, 5090 shares outstanding | $56,000 |
Additional paid in Capital: | |
Paid in Capital in excess of Par Value - Common Stock | $19,100 |
Total Paid in Capital | $75,100 |
Retained Earnings | $44,100 |
Total Paid in Capital & Retained earnings | $119,200 |
Less: Treasury Stock ( 510 shares) | $11,220 |
Total Stockholder's Equity | $107,980 |
Pina Colada Corp. has these accounts at December 31: Common Stock, $10 par, 5,600 shares issued,...
Pina Colada Corp. has these accounts at December 31: Common Stock, $10 par, 5,600 shares issued, $56,000; Paid-in Capital in Excess of Par Value $19,100; Retained Earnings $44,100; and Treasury Stock, 510 shares, $11,220 Prepare the stockholders' equity section of the balance sheet. Pina Colada Corp. Balance Sheet (Partial) Pina Colada Corp. has these accounts at December 31: Common Stock, $10 par, 5,600 shares issued, $56,000; Paid-in Capital in Excess of Par Value $19,100; Retained Earnings $44,100; and Treasury Stock,...
Ayayai Corp. has these accounts at December 31: Common Stock, $10 par, 4,500 shares issued, $45,000; Paid-in Capital in Excess of Par Value $18,000; Retained Earnings $43,000; and Treasury Stock, 400 shares, $8,800. Prepare the stockholders’ equity section of the balance sheet. Ayayai Corp. Balance Sheet (Partial) December 31
Novak Corp. has these accounts at December 31: Common Stock, $12 par, 5,500 shares issued, $66,000; Paid-in Capital in Excess of Par Value $19,000; Retained Earnings $44,000; and Treasury Stock, 500 shares, $11,000. Prepare the stockholders' equity section of the balance sheet. Novak Corp. Balance Sheet (Partial) December 31
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Problem 11-2A Pina Colada Corp. had the following stockholders' equity accounts on January 1, 2019: Common Stock ($4 par) $415,880, Paid-in Capital in Excess of Par-Common Stock $180,250, and Retained Earnings $113,550. In 2019, the company had the following treasury stock transactions. Mar. 1 Purchased 5,840 shares at $8 per share June 1 Sold 1,030 shares at $13 per share. Sept. 1 Sold 1,370 shares at $11 per share Dec. 1 Sold 1,330 shares at $7 per share. Pina Colada...
View Policies Current Attempt In Progress The stockholders' equity accounts of Pina Colada Corp. on January 1, 2017, were as follows. $249.000 1,437,499 12.450 Preferred Stock (7%, $100 par noncumulative, 4, 150 shares authorized) Common Stock (55 stated value, 345,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Pald-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (4,150 common shares) 694,000 33.200 During 2017, the corporation had the following transactions and events pertaining to its...
Common Stock, $1 par (2,700,000 shares authorized, 705,000 shares issued and outstanding) $705,000 Paid-in Capital in Excess of Par Value 1,430,000 Retained Earnings 684,000 Accumulated Other Comprehensive Income 47,000 During 2022, the following transactions and events occurred. 1. Issued 45,500 shares of $1 par value common stock for $2 per share. 2. Issued 60,500 shares of common stock for cash at $5 per share. 3. Purchased 23,700 shares of common stock for the treasury at $3.30 per share. 4. Declared...
The following information pertains to Ming Corp. at January 1, 2018: Common stock, $8 par, 44,000 shares authorized, 2,500 shares issued and outstanding Paid-in capital in excess of par, common stock Retained earnings $ 20,000 127,300 127,300 Ming Corp. completed the following transactions during 2018: 1. Issued 2300 shares of $8 par common stock for $13 per share. 2. Repurchased 1,800 shares of its own common stock for $16 per sha 3. Resold 1,080 shares of treasury stock at $18...