11-4B_9e - Retained earnings (beginning of period) Net...

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Problem 11-4B Name: Section: Enter the appropriate amounts and labels in the shaded cells below. List T-account entries in chronological order A red asterisk (*) will appear to the right of an incorrect amount in the outlined cells. 1. and 2. Common Stock Treasury S Jan. 1 Bal. Jan. 1 Bal. Dec. 31 Bal 0 Dec.31 Bal. 0 Paid-in Capital from Sale Paid-in Capital in Excess of Stated Value Jan. 1 Bal. Stock Dividends D Dec.31 Bal. 0 Retained Earnings Stock Divid Jan. 1 Bal. Dec. 31 Bal 0 Dec.31 Bal. 0 Cash Divid Dec. 31 Bal 0 2. Jan. 12 Feb. 19 Apr. 3 July 30 Aug. 30 Nov. 7 Dec. 30
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31 31 3. GPS ENTERPRISES INC. Retained Earnings Statement For the Year Ended December 31, 2008
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Unformatted text preview: Retained earnings (beginning of period) Net income Less: Cash dividends Stock dividends Increase in retained earnings Retained earnings (end of period) 4. Stockholders' Equity Paid-in capital: Common stock, $20 stated value (250,000 shares authorized, 193,800 shares issued) Excess of issue price over stated value From sale of treasury stock Total paid-in capital Retained earnings Total Deduct treasury stock (15,000 shares at cost) Total stockholders' equity r. Stock e of Treasury Stock Dec.31 Bal. Distributable Dec.31 Bal. dends ends...
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11-4B_9e - Retained earnings (beginning of period) Net...

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