AC116_Unit 6 - An asterisk will appear next to an incorrect...

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Problem 13-1A Name: Section: Enter the appropriate amounts in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect amount. 1. Preferred Dividends Common Dividends Total Year Dividends Total Per Share Total Per Share 2005 $5,000 $5,000 $0.50 $0 $0.00 Err:511 2006 18,000 18,000 1.80 0 0.00 Err:511 2007 45,000 37,000 3.70 8,000 0.32 Err:511 2008 45,000 20,000 2.00 25,000 1.00 Err:511 2009 60,000 20,000 2.00 40,000 1.60 Err:511 2010 67,000 20,000 2.00 47,000 1.88 Err:511 $12.00 Err:511 $4.80 Err:511 2. Average annual dividend for preferred: $2.00 Average annual dividend for common: $0.80 3. a. Return on initial investment, preferred: 1.60% b. Return on initial investment, common: 10.00%
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Problem 13-2A Name: Section: Enter the appropriate amount or account in the shaded cells.
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Unformatted text preview: An asterisk (*) will appear next to an incorrect amount in the outlined cells. JOURNAL Date Description Debit Credit Jan. 10 Cash Err:5 2,000,000 Err:511 Err:511 Mortgage Note Payable Err:511 Err: 2,000,000 Err:511 Err:511 Err:511 Err:511 21 Cash Err:5 1,267,500 Err:511 Err:511 Preferred Stock Err:511 Err: 1,200,000 Err:511 Paid-in Capital in Excess of Par - Preferred Stock Err:511 Err: 67,500 Err:511 Err:511 Err:511 Err:511 Dec. 30 Building Err:5 1,850,000 Err:511 Err:511 Land Err:5 162,500 Err:511 Err:511 Common Stock Err:511 Err: 1,750,000 Err:511 Paid-in Capital in Excess of Par - Common Stock Err:511 Err: 262,500 Err:511 Err:511...
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AC116_Unit 6 - An asterisk will appear next to an incorrect...

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