Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Solved Assignments
Asked Questions
Answered Questions
Kelly Company issues 12% bonds with a face value of $10,000 and 600 shares of $10 par common stock in a combined sale, receiving total proceeds of $23,000.
The Putt Company issues 500 shares of $100 preferred stock for land. This land was carried on the seller's books for $40,000.
Prepare the journal entries of McEnroe Company for 2010 through 2013 in regard to its compensatory share option plan.
Prepare the Contributed Capital section of the December 31, 2010 balance sheet for the Adams Company.
Prepare journal entries to record the stock transactions of TMP Incorporated, assuming it uses the cost method of accounting for treasury stock.
The May 3 receipt of the remaining balance from subscribers to 4,000 shares. The market price is currently $17 per share.
Holton Company currently has 9,000 shares of $12 par common stock outstanding that had been issued at an average price of $60 per share.
Prepare a schedule of the Sampress Company's compensation computations for its compensatory share option plan for 2010 .
Prepare a schedule of the Seles Company's computations for its compensatory share option plan for 2010 through 2012 .
Prepare a schedule to compute the compensation expense related to this SAR plan for 2009 through 2012.
Prepare the January 2, 2010 journal entry to record the issuance of the preferred stock.
On March 4, 2010, the Hein Corporation issues 1,000 shares of $100 par preferred stock for $125 per share.
Prepare the journal entry to record the issuance of 5,000 shares of common stock in exchange for 5,000 warrants and $25 per share.
Collects the remaining balance of the subscription contract and issues the common stock.
Prepare journal entries to record the treasury stock transactions of Sanders Corporation assuming it uses the cost method.
journal entries to record the preceding treasury stock transactions for West Company assuming it uses the cost method.
Prepare journal entries to account for the preceding stock transactions of the Propst-Steele Production Corporation assuming it uses the cost method .
Geneva Detailing's cost formula for its materials and supplies is $2,230 per month plus $1 per vehicle.
What is the "weighted average" number of shares for computing earnings per share and how is it calculated?
Identify several securities that might be found in the complex capital structure of a corporation.
What is the treasury stock method? How is the increase in the diluted earnings per share denominator determined under the treasury stock method?
A company with potentially dilutive share options is preparing its financial statements under IFRS.
Management believes that this loss is both unusual and infrequent, and they estimate that the per share effect of the loss was $0.25 per share.
What is fully participating preferred stock? Partially participating preferred stock?
Distinguish between a small and large stock dividend. What amounts does a corporation use to record the declaration of each dividend?