BRIEF EXERCISE 15-13

BRIEF EXERCISE 15-13 - 1,100,000 (20,000 X $65 =...

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BRIEF EXERCISE 15-13 Declaration Date. Retained Earnings. .................................................................... 1,300,000 Common Stock Dividend Distributable . .................. 200,000 Paid-in Capital in Excess of Par. ................................
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Unformatted text preview: 1,100,000 (20,000 X $65 = $1,300,000; ( 20,000 X $10 = $200,000) Distribution Date. Common Stock Dividend Distributable. ............................. 200,000 Common Stock . ............................................................... 200,0...
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