{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Quiz#10_CH11_and 12_Solution

00 additional paid in capital 200 shs x 2200 18000 dec

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: per share. Dec 31:  Declared a $0.75 cash dividend on each share of its common stock outstanding, payable on January 15,  2013, to stockholders of record as of December 31, 2012. Required: Prepare the journal entries to record the above transactions Account Title Jan 1 Cash (12,000 shs x $14.20) Dr. Cr. 170,400     C...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online