Fair Value$12,0005,000$17,000SecurityCommon Stock CCost$10,0008,000$18,000Common Stock DSanser subsequently sells Stock C for $12,000. What entry is made to record the sale?a. Cash ..12,000Stock Investments.12,000b. Cash..12,000Fair Value Adjustment TradingStock Investments .2,00010,000c. Cash ..12,000Stock Investments...Gain on Sale of Stock Investments..10,0002,000d. Cash .12,0006,0006,000Stock Investments.Gain on Sale of Stock Investments..

The journal entries are prepared to record day to day transactions of the business on regular basis.

Answered: Security Common Stock c Common Stock D…

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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can you please help me with sep 30 entry
Rolive, 1B Handout B. 500 shares of common stock, par value $10, is sold for $25 per share. Аccount Dr. Cr.
With solution and explanation please
3 No plagiarised answer please
QUESTION 4 Emma Consulting had previously purchased 3,466 shares of treasury stock for $7 per share. Emma then sold 1,225 shares of the treasury stock for $13 per share. The credit to treasury stock to record the sale would be $
C2 ✓ fx A B D E E11.4 (LO 2), AP Instructions Osage Corporation issued 2,000 shares of stock. Prepare the entry for the issuance under the following independent assumptions. a. The stock had a par value of $5 per share and was issued for a total of $52,000. b. The stock had a stated value of $5 per share and was issued for a total of $52,000. C. The stock had no par or stated value and was issued for a total of $52,000. d. The stock had a par value of $5 per share and was issued to attorneys for services provided during incorporation valued at $52,000. e. The stock had a par value of $5 per share and was issued for land worth $52,000. Date Account Debit Credit a. 1/10/22 b. 1/10/22 C. 1/10/22 d. 1/10/22 e. 1/10/22 X F
19 0 You own 87 shares of Costco Wholesale. They offer a $5.65 per share dividend. How much Current Income are you receiving from Dividends? DO NOT INCLUDE COMMAS OR $. Typed numeric answer will be automatically saved.
not use ai please
O O b. R12 250 Oc. R15 000 O d. R15 000 When calculating the weighted average number of shares outstanding, the number of shares are not time- weighted by the fraction of the reporting period they are (are not) outstanding for Select one: O a. common shares issued during the period as a stock dividend O b. common shares retired O c. new common shares sold during the period O d. shares obtainable in executive stock options granted in mid-year A corporation bar 12 000 ordinon mi mmm man må metiene to nurchaeo 1 500 ordinanechame at 010 nor chara her 13 chara 99+
A B 1 Purchase price per share $57 2 Total commission $35 3 Dividend at year 1 $1.80 4 Dividend at second year $1.93 5 Number of shares bought 100 6 Total purchase price =B5*B1 7 Purchase price with commission =B6+B2 8 Selling price at the end of second year $59 9 Total selling price |=B8*B5 10 Commission on selling $44 11 Selling price net of commission =B9-B10 12 Total dividend in year 1 =B3*B5 13 Total dividend in year 2 =B4*B5 14 (a) Dividend yield at purchase =B12/B6 15 (b) Dividend yield at sale =B13/B9 16 (c) Total return |=B11+B12+B13-B7 17 Holding period return 18 (d) Annualized holding period yield =B16/B7 =(1+B17)^(1/2)-1
on 18 yet wered ints out of t 00 Rag question Assume a $100 cash dividend is declared; 70% of the dividend is a liquidating dividend. Indicate the change in Dividends Payable and Additional Paid-in-Capital respectively. Select one: O a. Decrease $70, Decrease $100 Ob Decrease $30, Decrease $100 Oc Increase $100, Decrease $70 Od. Decrease $30, Decrease $30 Oe. Increase $70, Decrease $70

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