Chapter 16 Homework -...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 16: Dilutive Securities and Earnings per Share Tiffany Watt Homework February 21, 2011 AC 302 – 01   Brief Exercises BE16-3 Account Titles Debit Credit Preferred Stock $50,000 Paid-in Capital in Excess of Par - Preferred Stock 1 5,000 Common Stock $20,00 0 Paid-in Capital in Excess of Par - Common Stock 35,000 1 ($5,000 × 1,000) – ($50 × 1,000) Exercises E16-1 Account Titles Debit Credit 1 . Cash $19,800, 000 Discount on Bonds Payable 200,000 Unamortized Bond Issue Costs 70,000 Bonds Payable $20,000,0 00 Cash 70,000 2 . Cash $19,600, 000 Discount on Bonds Payable 1,200,00 0 Bonds Payable $20,000,0 00 Paid-in Capital - Stock Warrants 800,000 3 . Debt Conversion Expense $75,000 Bonds Payable 10,000,0 00 Discount on Bonds Payable $55,000 Common Stock 1,000,000 Paid-in Capital in Excess of Par 8,945,000 Cash 75,000
Background image of page 1

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

View Full DocumentRight Arrow Icon
Chapter 16: Dilutive Securities and Earnings per Share Tiffany Watt Homework February 21, 2011 AC 302 – 01   E16-3 Account Titles Debit Credit Bonds Payable $500,000 Premium on Bonds Payable 7,500 Preferred Stock $500,000 Paid-in Capital in Excess of Par - Preferred Stock 7,500
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 09/01/2011 for the course BUSINESS 101 taught by Professor - during the Spring '11 term at Mississippi Valley State University.

Page1 / 8

Chapter 16 Homework -...

This preview shows document pages 1 - 3. Sign up to view the full document.

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