please give rtight answetr 6-Feb: Declared a 5% stock dividend. The market value of the stock on that date was $25/share.Date Account DR CR 6-FebStock DividendCorrect$27,500 Correct Common Stock Dividend DistributableCorrect $11,000 Correct Paid-in Capital in Excess of Par Value-Common StockCorrect $16,500 Correct 15-Feb: Distributed the stock dividendDate Account DR CR 15-FebCommon Stock Dividend DistributableCorrect$11,000 Correct Common Stock $10 Par ValueCorrect Incorrect

15-Feb: Distribution of Stock DividendDateAccountDescriptionDebit ($)Credit ($)15-FebCommon Stock…

Answered: please give rtight answetr 6-Feb:…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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If C CORP. had 3,518,000 shares of common stock outstanding when it paid dividends last year, how much did it pay in dividends? Click the icon to view the portion of Stock Exchange Listing. Data table TERE AL shares of common stock Quistenalleg when it bald dividends last year now much did it pay in dividend Portion of Stock Exchange Listing Name A CORP BLID C CORP DLTD. E CORP. Symbol Open High 30.6 31.24 28.14 28.57 48.6 49.07 14.35 14.58 23.76 24.3 A B C D E CIDO 994,770 32.9. 270,400 28.87 19.4 16.11 Low Close Net Chg %Chg Volume 52 Wk High 52 Wk Low Div 30.5 31.12 0.58 1.9 1 0.6 1.11. 0.97 1,598,100 50.33 25.3 27.67 28.42 0.28 48.52 28.42 0.29 13.92 14.51 0.16 23.62 24.03 0.23 54,900 16.55 12.6 570,711 27.45 17.95 Print Done Yield P/E Ytd % Chg 24 6.6 14 25.1 52.1 -6.1 172-9.2 yove THE 0.48 1.7 1.48 3
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courses/_16956_1/cl/outline Final Project XYZ, Inc. had the following Stockholder's Equity Balances as of 1/1/21: Preferred Stock-500 shares @ $100 par value Common Stock-10,000 shares @ $10 par value Additional Paid-in Capital Retained Earnings During the year the following events occurred: 5000 share of common stock was issued on 3/1/21 at $12 per share. 1000 shares of its on stock was purchased on 6/1/21 at $15 per share Net Income for the year was $45,000 XYZ, Inc. declared a 2 for 1 stock split on 11/1/21 Dividends declared 12/15/21 at $1.50 per share to be paid 1/15/22 Calculate the following items as of 12/31/21 1. Total Contributed Capital 2. Retained Earnings Balance 3. Total stockholder's Equity $500,000 $100,000 $250,000 $700,000
Subject:
A-7
eBook Oct. 31. Declared semiannual dividends of $1.60 per share on the preferred stock and $0.13 per share on the common stock (before the stock dividend). In addition, a 2% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $36. Oct. 31 Cash Dividends Cash Dividends Payable Oct. 31 Stock Dividends Stock Dividends Distributable 0 0 30,780 X 0 0 15,600 X Paid-In Capital in Excess of Par-Common Stock 0 Feedback Check My Work On the date of declaration of a cash dividend, it becomes legally binding. How do stock dividends affect stockholders' equity? Dec. 31. Paid the cash dividends and issued the certificates for the common stock dividend. Dec. 31 Cash Dividends Payable Cash Dec. 31 Stock Dividends Distributable Common Stock Feedback Check My Work What are the stockholders receiving? Feedback 75,600 X 0 0 ✓ 30,780 X 0 0 ✓
Refer to the following The stockhokiers equity secton of Peter CorDOBIDNS MA ce sheet at December 31 20OX2 was as Hollows Ordinary shares(P10 par vae ckessc0.n. shares, Issued adoulstandnj 9000rac Share premium Relained eamngs On January 2. 20x3 Peler puchased ard aler relirement of tese 100OC0 ccounts shoud se Share pren . Ro d 900,000 P1300,000 P1,900,000 P1300,000 000008 d 000'007 P1,400,000 P 800 000
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6-Feb: Declared a 5% stock dividend. The market value of the stock on that date was $25/share. Date Account DR CR 6-Feb Stock Dividend Correct $27,500 Correct Common Stock Dividend Distributable Correct Incorrect Paid-in Capital in Excess of Par Value-Common Stock Correct Incorrect
1. Record the transactions in the general journal. 6-Feb: Declared a 5% stock dividend. The market value of the stock on that date was $25/share. Date Account DR CR 6-Feb Stock Dividend Correct Incorrect Common Stock Dividend Distributable Correct Incorrect Paid-in Capital in Excess of Par Value-Common Stock Correct Incorrect

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6-Feb: Declared a 5% stock dividend. The market value of the stock on that date was $25/share.
Date	Account		DR		CR
6-Feb	Stock Dividend	Correct	$27,500	Correct
	Common Stock Dividend Distributable	Correct			$11,000	Correct
	Paid-in Capital in Excess of Par Value-Common Stock	Correct			$16,500	Correct

15-Feb: Distributed the stock dividend
Date	Account		DR		CR
15-Feb	Common Stock Dividend Distributable	Correct	$11,000	Correct
	Common Stock $10 Par Value	Correct				Incorrect