chapter 15 part 2 - 180000 common stockholders 120,000...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 15 part 2 homework BE15-1, BE15-2, BE15-3, BE15-7, BE15-15, E15-1, E15-7 due today at 8am BE15-1 Cash 4,500 Common stock 3,000 paid in capital in excess of par 1,500 BE15-2 a) Cash 8,200 Common stock 8,200 b) Cash 8,200 common stock 1,200 paid in capital in excess of stated value 7,000 BE15-3 Common stock, $5 par value 510,000 Paid in capital in excess of par 1,320,000 Total paid in capital 1,830,000 Retained earnings 2,340,000 4,170,000 Less treasury stock -90,000 total stockhlder's equity 4,080,000 BE15-7 1-Jul-10 treasury stock 8,700 cash 8,700 1-Sep-10 cash 5,400 treasury stock 5,220 paid in capital 180 1-Nov-10 cash 3,320 paid in capital 160 treasury stock 3,480 BE15-15 Preferred stockholders should receive : 60000 common stockholders should have the remainder 240000 b) Preffered stockholders would receive
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 180000 common stockholders 120,000 E15-1 a) Jan 10 Cash 480,000 Common stock 240,000 paid in capital 240,000 1-Mar expenses 35,000 common stock 15,000 paid in capital 20,000 1-Jul cash 240,000 common stock 90,000 paid in capital 150,000 1-Sep cash 600,000 common stock 180,000 paid in capital 420,000 b) 10-Jan cash 480,000 common stock 160,000 paid in capital 320,000 1-Mar expense 35,000 common stock 10,000 paid in capital 25,000 1-Jul cash 240,000 common stock 60,000 paid in capital 180,000 1-Sep cash 600,000 common stock 120,000 paid in capital 480,000 E15-7 # Assets liabilities paid in capital 1 d NE D NE NE NE 2 I NE I NE D NE 3 I NE I I NE NE stockholders equity retained earnings net income...
View Full Document

Page1 / 2

chapter 15 part 2 - 180000 common stockholders 120,000...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online