recording and reporting Equity, financal accounting, Financial Accounting

Assignment Help:

Ask qCamp Corp had the following balances in its stockholders'''' equity at jan 1:
Common stock, $2, par value, 450,000 shares issued $900,000
Additional pd in capial 1,200,000
Retained earnings $2,225,000
Treasury stock, at cost 8000 shares (48,000)
On July 1 declared a 10% stock dividend, payable Aug1. THe stock was trading at $7 per share on July 1. How do i get the retained earnings, common stock distributed, and the additional pd capital

Related Discussions:- recording and reporting Equity, financal accounting

Partnership accounting, How does ordinary shares and preference shares incl...

How does ordinary shares and preference shares included in the account

Vat, a recommendation regarding a current south African vat system

a recommendation regarding a current south African vat system

Evaluate the value of non-controlling interest, The additional 20% purchase...

The additional 20% purchase by RBE results is enhancing in the controlling interest held in the subsidiary, DCA. No additional goodwill is calculated on the additional purchase as

Prepare a journal entry to record the total factory payroll, Time tickets f...

Time tickets for factory employees during the month of August are summarized as follows. Prepare a journal entry to record the total factory payroll, the indirect payroll and the d

Limitations of the five year period of analysis, Q. Limitations of the five...

Q. Limitations of the five year period of analysis? A number of restrictions to the analysis potentially arise - The approach doesn't take account of future benefits/costs a

Determine the cost of equity, Lockheed Martin's management wishes to fi...

Lockheed Martin's management wishes to find out whether they have excess debt capacity. Its current market value of equity is $40 b and its book value of debt is $

Information systems implementation on company, 1. Will implementing SAP R/3...

1. Will implementing SAP R/3 across the entire PCD division provide the division with a competitive advantage? Justify your answer carefully. 2. The Raleigh team promised IBM c

Agreements to settle property-bankruptcy and liquidation, Agreements to set...

Agreements to settle property The trustee is not bound by such an agreement if it remains executory. If property has already been settled, the trustee can recover it unless it

Lack of assets available to offer as collateral or security, Q. Lack of ass...

Q. Lack of assets available to offer as collateral or security? If SMEs wish to access bank finance for instance, then banks will wish to address the information problem referr

Capita expenditure and revenue expenditure, The company selected a suitable...

The company selected a suitable site and commissioned a survey and valuation report, for which the fee was £1,500. On the basis of the report the site was acquired for £90,000. Sol

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages