QUIZ B-ANSWER - ANSWER TO QUIZ B 1-5 BCEDE 6-10DBCBA...

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ANSWER TO QUIZ B 1-5 BCEDE 6-10DBCBA 11-15BCEBB PROBLEM 1. November 14, 11 14 (=60-31-15) 2. June 20, Cash…………………………….55000 (55*1000) Preferred stock………………………………….50000 (50*1000) Paid-in capital in excess of par value, preferred stock.5000(5*1000) Sept.1, Retained earnings………………………. .15,000 Common Dividend Payable………………………15,000 (0.30*50,000) Oct. 1 Common Dividend Payable………………………15,000 (0.30*50,000) Cash ……………………………………………….15,000 Dec.10 Treasury Stock………………………………. .8000 Cash …………………………………………………8000(8*1,000) Dec 15, Cash………………………………………. .4000(10*400) Treasury stock………………………………3200(8*400)
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This note was uploaded on 11/07/2010 for the course BBA 1023 taught by Professor Luoyi during the Spring '10 term at University of Macau.

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QUIZ B-ANSWER - ANSWER TO QUIZ B 1-5 BCEDE 6-10DBCBA...

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