User Account

All Pages

What is total shareholders equity at the end

Assignment Help Accounting Basics
Reference no: EM133146978

Question - Roberto Corporation was organized on January 1, 2021. The firm was authorized to issue 93,000 shares of $5 par common stock. During 2021, Roberto had the following transactions relating to shareholders' equity:

Issued 9,100 shares of common stock at $5.60 per share.

Issued 19,500 shares of common stock at $8.80 per share.

Reported a net Income of $99,000.

Paid dividends of $59,000.

Purchased 2,600 shares of treasury stock at $10.80 (part of the 19,500 shares issued at $8.80).

Required - What is total shareholders' equity at the end of 2021?

Reference no: EM133146978

Questions Cloud

What amount should norl recognize as amortization expense : For the year ended December 31, 2021, what amount should Norl recognize as amortization expense on the right-of-use asset
What amount will the insurance company pay : A microwave is stolen. It cost $246 two years ago. A comparable microwave costs $365 today. What amount will the insurance company pay
Iot solution project on a simulated environment : The purpose of this assignment is to demonstrate your ability to implement an IoT simulated environment - Implement your own IoT solution project on a simulate
What is the correct entry to record the issue of the stock : This was for the issue of one million of its $5 par stock that the underwriters expect to sell for $83 per share. What is the correct entry to record the issue
What is total shareholders equity at the end : Purchased 2,600 shares of treasury stock at $10.80 (part of the 19,500 shares issued at $8.80). What is total shareholders' equity at the end of 2021
Demonstrate your ability to write a simple iot platform : Demonstrate your ability to write a simple IoT platform - Write a simple program to generate some sample outputs from your system
What is the number of shares to used in computing basic EPS : Additional shares issued 9/30 120,000. A 11% stock dividend was paid on December 1. What is the number of shares to be used in computing basic EPS
What is basic EPS : At December 31, 2021, Hansen Corporation had 49,000 shares of common stock and 5,200 shares of 11%, What is basic EPS
PROG6002 Programming Internet of Things Assignment : PROG6002 Programming Internet of Things Assignment Help and Solution, Southern Cross University - Assessment Writing Service

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate abc company return on investment

Calculate ABC Company's return on investment (ROI) for year 2. Enter your answer as a number (i.e., 40). Do not enter your answer as a decimal

  Adjusting entries william bryant is the new owner of ace

adjusting entries william bryant is the new owner of ace computer services. at the end of august 2010 his first month

  Calculate ladanions return on assets and return on equity

Calculate LaDanion's return on assets and return on equity ratios

  Entitle what is the journal entry

Received $6800 in cash for admission fees what is the journal entry? and sold 100 coupon book for $25 each

  By what amount the total assets must change

If total liabilities decreased by $25,300 and stockholders' equity increased by $4,850 during a period of time, then total assets must change by what amount.

  Pension plan assets for a defined benefit pension plan

_____10. Pension plan assets for a defined benefit pension plan achieving a rate of return in excess of the amount anticipated.

  Prepare journal entries on Insto books

Prepare journal entries on Insto's books to record the preceding information, including the adjusting entry at the end of the year

  What the amount of bad debt expense

Herman estimates that $70,000 of its accounts are uncollectible. What the amount of bad debt expense which should be reported for the year

  The city of albertville invests the assets of several

the city of albertville invests the assets of several neighboring cities through its investment trust fund. what

  Determine the balance of the allowance for doubtful debts

On 1st July 2020, Scholastic Ltd had Accounts Receivable of $37,500 and Allowance for Bad Debts of $1,800 Cr. During the month of July, Scholastic incurred the.

  Capital account after recording the closing entries

What will be the final balance in the Smith, Capital account after recording the closing entries

  Prepare journal entries to record all the transactions

Prepare journal entries to record all the transactions, and identify the fund(s) used. statement of revenues, expenditures, and changes in fund balance.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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