ButovaS_P14-2A

ButovaS_P14-2A - Name Section Date (a) SvetlanaButova #...

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Name Svetlana Butova Problem 14-2A Section Date ### Hashmi Company (a)  General Journal Date Account Titles Debit Credit 1 July 1 Retained Earnings. 100,000 1 2     Divident paible -Common Stock 100,000 2 3 3 4 Aug. 1 Accumulated Depreciation 42,000 4 5 Retained Earnings 42,000 5 6 6 7 Sept. 1 Dividents Payable - Common Stock 100,000 7 8 Cash 100,000 8 9 9 10 Dec. 1 Retained Earnings (24,000 X $18) 432,000 10 11 Common Stock Dividents Distributable 120,000 11 12 Paid-in Capital in Excess of Par Value - 312,000 12 13 Common Stock 13 14 15 Retained Earnings 30,000 14 15 Dividends Payable—Preferred Stocks 30,000 15 16 16 17 28 Common Stock divident distributable 120,000 17 18 Common Stock  120,000 18 19 31 Income Tax Expense 35,000 19 20 Income Taxes Payable 35,000 20 21 31 Income Summary 700,000 21 Retained Earnings 700,000 (b) Preferred Stock Date Explanation Ref. Debit Credit Balance Jan. 1 Balance 600,000 Common Stock Date
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This note was uploaded on 03/11/2011 for the course ACC 101 taught by Professor Corolinsky during the Spring '11 term at SUNY Albany.

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ButovaS_P14-2A - Name Section Date (a) SvetlanaButova #...

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