stock_transactions_rev_1_

stock_transactions_rev_1_ - -4950 110 Shs @ $45 Subtotal...

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Balance Sheet Cash Other Div Com Stk APIC Retained Treasury SE Assets = Pay $1 Par Earnings Stock E+F+G-H Beg Bal $10,000 $25,000 $- $1,000 $9,000 $25,000 $- $35,000 Issue 100 Shs @ $20 ea 2000 100 1900 Declare Div .50/share 1,100 x .50 550 -550 Pay Dividend -550 -550 Subtotal $11,450 $25,000 $- $1,100 $10,900 $24,450 $- $36,450 Buyback 200 Shs @ $30 ea -6000 -6000 Subtotal $5,450 $25,000 $- $1,100 $10,900 $24,450 $(6,000) $30,450 Reissue 200 Shs @ $40 ea 8000 2000 6000 $8,000 Subtotal $13,450 $25,000 $- $1,100 $12,900 $24,450 $- $38,450 Issue 10% Stock Dividend When Mkt Price/Shs=$45 110 4840
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Unformatted text preview: -4950 110 Shs @ $45 Subtotal $13,450 $25,000 $- $1,210 $17,740 $19,500 $- $38,450 Issue 2for1 Stock Split na na na New Par Value is .50 Subtotal $13,450 $25,000 $- $1,210 $17,740 $19,500 $- $38,450 Black Scholes Option 4000-4000 Model Expense of $4000 Subtotal $13,450 $25,000 $- $1,210 $21,740 $15,500 $- $38,450 Journal Entries Account Dr Cr Cash 2000 CS 100 APIC 1900 Dividend 550 Div Pay 550 Div Pay 550 Cash 550 Treas Stk 6000 Cash 6000 Cash 8000 APIC 2000 Treas Stk 6000 Ret Earn 4950 Com Stk 110 APIC 4840 Expense 4000 APIC 4000...
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This note was uploaded on 03/02/2010 for the course ECON accounting taught by Professor Smith during the Winter '10 term at UMass (Amherst).

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stock_transactions_rev_1_ - -4950 110 Shs @ $45 Subtotal...

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