Statement of stockholders' equityFinancial information related to Webber Company for the month ended June 30, 20Y7, is as follows:Common Stock, June 1, 20Y7Stock issued in JuneNet income for JuneDividends during JuneRetained earnings, June 1, 20Y7Balances, June 1, 20Y7Issuance of common stockNet incomeDividends$59,000Balances, June 30, 20Y741,000Prepare a statement of stockholders' equity for the month ended June 30, 20Y7. If an amount box does not require an entry, leave it blank or enter "0".Webber CompanyStatement of Stockholders' EquityFor the Month Ended June 30, 20Y7101,49011,160774,400Common Stock Retained Earnings59,000 ✓774,400 ✓41,000✔TotalDO101,49011,160

Retained earnings balance includes net income and the dividends are paid out of the retained…

Answered: Statement of stockholders' equity…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Zen Aerospace Corporation reported the following equity account balances on December 31, 2022: Preferred shares, $3.60 cumulative, unlimited shares authorized Common shares, unlimited shares authorized, 23,500 shares issued and outstanding Retained earnings 648,600 331,000 In 2023, the company had the following transactions affecting shareholders and the shareholders' equity accounts: Jan. 1 Purchased and retired 2,700 common shares at $36 per share. 14 The directors declared an 9% share dividend distributable on February 5 to the January 30 shareholders of record. The shares were trading at $46.30 per share. 30 Date of record regarding the 9% share dividend. 5 Date of distribution regarding the 9% share dividend. Feb. July 6 Sold 5,700 preferred shares at $67 per share. Sept. 5 The directors declared a total cash dividend of $48,006 payable on October 5 to the September 20 shareholders of record. Oct. 5 The cash dividend declared on September 5 was paid. Dec. 31 Closed the $472,600…
Return on Equity Evans & Sons, Inc., disclosed the following information in a recent annual report: Net Income Average stockholders' equity Dividend per common share Earnings per share Market price per common share, year-end Net income Previous Year Current Year $94,500 $129,600 1,000,000 1,500,000 Previous Year $ Current Year $ 5.13 7.70 51.30 Calculate the return on equity for Evans & Sons for each year. Did the return improve? Numerator 5.40 8.64 56.70 Denominator ◆ Average stockholders' equity X 8 x Did the return improve? The return on common stockholders' equity decreased X X from the previous year to the current year. ROE % %
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The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow. The following transactions and events affected its equity during the year. Question: What is the total dollar amount for each of the four cash dividends? January 5 April 5 July 5 October 5.
Vishal
Subject: accounting
Statement of stockholders' equity After its first month of operations, the following amounts were taken from the accounting records of West Coast Dreams Realty Inc. as of June 30, 20Y9. $82,000 180,000 2,100 Cash Common stock Dividends Interest expense Land 210,000 Miscellaneous expense 4,100 95,000 14,000 Notes payable Rent expense Retained earnings Salaries expense Sales commissions Utilities expense Line Item Description Balances, June 1, 20Y9 Issued common stock Net income ✓ Dividends 800 Prepare a statement of stockholders' equity for the month ended June 30, 20Y9. West Coast Dreams Realty Inc. Statement of Stockholders' Equity For the Month Ended June 30, 20Y9 ✓ 105,000 165,000 22,000 0 Balances, June 30, 20Y9 ✓ Common Stock Retained Earnings 0 ✓ 180,000 ✓ ✓ 0 0 180,000 0 0 ✓ -2,100 ✓ Total 0 180,000 -2,100
please solve with working answer in text
Prepare the journal entries to record the above stock transactions

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