Divine Apparel has 4000 shares of common stock outstanding. b. Higgins, Inc., has sales of $521,900, costs of $298,300, depreciation expense of $42,800, interest expense of $20,900 A: a.journalize the entries to record the declaration and issuance of stock dividends. 7 oz. It is also called, A: Solution: a. Rearrange the items to present in good form the last portion of the income statement for Blue Jay Manufacturing Corporation, beginning with "Loss from continuing operations.". b. It is also known as end of period adjustment. Par value of each is 5 = 100000 x 5 =, A: Shares issued at a cost above its stated or par value is called premium on shares. Identify each entry by letter. Common Stock ($6 stated value) $2,028,000 Paid-in Capital in Exce. Common Stock ($100 par value, authorized 8,400 shares) $500,000 Retained Earnings 281,200 Prepare entries in jou, On December 31, 2011, Colaw Company reports the following amounts in its equity section: Share capital ordinary $2,400,000 Share premium ordinary 900,000 Retained earnings 1,780,000 Treasury shares 180,000 The ordinary shares have a stated value of $1, On December 31, 2010, Bradstrom Company had 1,500,000 shares of $10 par common stock issued and outstanding. Summit Apparel has the following accounts at December 31: Common Stock, $1 par value, 1,400,000 shares issued; Paid-in Capital, $17.40 million; Retained Earnings, $10.40 million; and Treasury Stock, 5, Summit Apparel has the following accounts at December 31: Common Stock, $1 par value, 1,300,000 shares issued; Paid-in Capital, $16.70 million; Retained Earnings, $9.70 million; and Treasury Stock, 47, Summit Apparel has the following accounts at December 31 Common Stock 1 par value 1200000 shares issued Additional Paid in Capital 1680 million Retained Earnings 980 million and Treasury Stock 48000 s, Summit Apparel has the following accounts at December 31: Common Stock, $1 par value, 1,800,000 shares issued; Additional Paid-in Capital, $17.80 million; Retained Earnings, $10.80 million; and Treasu, Summit Apparel has the following accounts at December 31 Common Stock, $1 par value, 1,600,000 shares issued Additional Paid in Capital, $17.60 million Retained Earnings, $10.60 million and Treasu, United Apparel has the following balances in its stockholders' equity accounts on December 31, 2015: Treasury Stock, $840,000; Common Stock, $590,000; Preferred Stock, $3,500,000; Retained Earnings, $, United Apparel has the following balances in its stockholders' equity accounts on December 31, 2021: Treasury Stock $850,000 Common Stock $600,000 Preferred Stock $3,600,000 Retained Earnings $2,200,000 Additional Paid in Capital $8,800,000 Required: Pre, The stockholders' equity accounts of Marigold Company have the following balances on December 31, 2017. A: A. All rights reserved. Cash - $1,000,000 Unearned revenue - $70,000 Common stock $1 par 2,000,000 shares issued - $2,000,000 Paid in capital in excess of par - Common Stock - $500,000 Treasury stock $10 cost - $150,000 Paid in capital, Hatch Company has two classes of capital stock outstanding: 7%, $20 par preferred and $5 par common. (Amounts to be deducted should be indicated by a minus sign. Summit Apparel has the following accounts at December 31 - Brainly It refers to the shares which are issued by company for raising capital finances and, A: Stockholders equity: It refers to the remaining amount of assets that are available to the, A: >Adjusted trial balance contains adjusted balances of accounts that have been calculated after, A: a. Record the following: Declaration of cash dividends October 15 entry Dividends paid Declaration of Dividends: Dividends: 3,000 Dividends Payable: 3000
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