accounting 19 chapter 21

accounting 19 chapter 21 - Exercise 21-2A 1. and 2. GENERAL...

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Exercise 21-2A 1. and 2. GENERAL JOURNAL PAGE DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 20-- Dec. 31 Income Summary 120 0 0 0 00 1 2 Retained Earnings 120 0 0 0 00 2 3 3 4 31 Retained Earnings 24 0 0 0 00 4 5 Cash Dividends 24 0 0 0 00 5 6 6 7 31 Retained Earnings 30 0 0 0 00 7 8 Income Summary 30 0 0 0 00 8 9 9 10 31 Retained Earnings 18 0 0 0 00 10 11 Stock Dividends 18 0 0 0 00 11 12 12 13 13 14 14 Exercise 21-3A GENERAL JOURNAL PAGE DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 20-- July 10 Cash Dividends 40 0 0 0 00 1 2 Common Dividends Payable 40 0 0 0 00 2 3 3 4 15 Cash Dividends 10 0 0 0 00 4 5 Preferred Dividends Payable 10 0 0 0 00 5 6 6 7 Aug. 5 Common Dividends Payable 40 0 0 0 00 7 8 Cash 40 0 0 0 00 8 9 9 10 10 Preferred Dividends Payable 10 0 0 0 00 10 11 Cash 10 0 0 0 00 11 12 12 13 13 14 14 15 15 117
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118 CHAPTER 21 Exercise 21-5A GENERAL JOURNAL PAGE DATE DESCRIPTION POST. REF.
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This note was uploaded on 03/27/2012 for the course ACCOUNTING 301 taught by Professor Sullivan during the Spring '11 term at Liberty.

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accounting 19 chapter 21 - Exercise 21-2A 1. and 2. GENERAL...

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