lue is of par value, common stock $360,000 120,000 360,000 wing entries related to its equity are recorded. General Journal Earnings Dividend Payable vidend Payable Earnings Stock Dividend Distributable Capital in Excess of Par Value, Common Stock ock Dividend Distributable Stock, $14 Par Value ge the title of the common stock to reflect the new par value of $4. mmary d Earnings Debit 50,000 50,000 83,000 40,000 250,000 Credit 50,000 50,000 40,000 43,000 40,000 250,000
lue is of par value, common stock $360,000 120,000 360,000 wing entries related to its equity are recorded. General Journal Earnings Dividend Payable vidend Payable Earnings Stock Dividend Distributable Capital in Excess of Par Value, Common Stock ock Dividend Distributable Stock, $14 Par Value ge the title of the common stock to reflect the new par value of $4. mmary d Earnings Debit 50,000 50,000 83,000 40,000 250,000 Credit 50,000 50,000 40,000 43,000 40,000 250,000
Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter13: Corporations: Organization, Stock Transactions, And Dividends
Section: Chapter Questions
Problem 4PB: Entries for selected corporate transactions Nav-Go Enterprises Inc. produces aeronautical navigation...
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