How would you prepare a journal entry

Assignment Help Accounting Basics
Reference no: EM131933443

Problem

Owners' equity in a corporation is defined as stockholders' equity, share­holders' equity, or corporate capital. The following categories normally appear as part of stockholders' equity.

a. Capital stock.

b. Additional paid-in capital.

c. Retained earnings.

d. Stock Dividend

e. Treasury Stock

Define each term and provide an example of each. How would you prepare a journal entry if any of these amounts were increased from a transaction?

Reference no: EM131933443

Questions Cloud

Discuss why computerized accounting is important : Discuss why computerized accounting is important to any company that is involved in e-commerce.
Discuss about the employees health insurance : The holiday is just for one month; after it, the premium for health insurance will again be deducted each month.
How has e-commerce transformed marketing : Explain how social networking and the wisdom of crowds help companies improve operations. Research and discuss two examples of social networking.
Tools bring to retailers : What potential drawbacks do you see in the use of these tools? What are the benefits and drawbacks these tools bring to retailers?
How would you prepare a journal entry : Define each term and provide an example of each. How would you prepare a journal entry if any of these amounts were increased from a transaction?
What amount of fica tax will rasheed pay for the year : Rasheed works for Company A, earning $389,000 in salary during 2016. Assuming he has no other sources of income.
What metrics provide evidence : What research methods would you recommend to help these companies track the strength of their brands in consumers' minds over time?
How would you respond to the owner : The owner of a business reviews the income statement prepared by you and asks Why do you report a profit of only $60,000. How would you respond to the owner?
Describe the new initiative and why it is important : Describe the new initiative and why it is important (e.g. a reorganization, a new product, a new technology, etc.)

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd