Entries by mary WAMBUGU

Project Descriptions SEC 10-K Paper You will be asked to select a company that is publically traded. You must research and secure the SEC 10-K Annual Report for the most recent year.

September 10, 2019 in /by

Project Descriptions SEC 10-K Paper You will be asked to select a company that is publically traded. You must research and secure the SEC 10-K Annual Report for the most recent year. This is often available at the company web site. Look for “Investor Information” or “Company Information”. Save the file to your computer for […]

 

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Common stock, $10 par value, 200,000 shares authorized; 120,000 shares issued Paid-in Capital in excess of par value 3,711,250 Retained Earnings 4,651,255 Total Equity 9,562,505

September 10, 2019 in /by

Common stock, $10 par value, 200,000 shares authorized; 120,000 shares issued Paid-in Capital in excess of par value 3,711,250 Retained Earnings 4,651,255 Total Equity 9,562,505 Create a journal entry (if needed) for each of the following items. Prepare an updated equity section of the balance sheet as of December 31, 2016. 1/28/2016 Frederick Mining enters […]

 

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Prepare journal entries for the following treasury stock transactions. Assume that all three happen in order when preparing each entry. 2/15/2015 Purchased 48,000 shares for cash at $13.50 per share.

September 10, 2019 in /by

Prepare journal entries for the following treasury stock transactions. Assume that all three happen in order when preparing each entry. 2/15/2015 Purchased 48,000 shares for cash at $13.50 per share. 6/6/2015 Sold 12,500 treasury shares for cash at $16.00 per share. 8/30/2015 Sold 9,500 treasury shares for cash at $12.00 per share. Instructions: Prepare journal […]

 

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Kristen Company Adjusted Trial Balance July 31, 2014 No. Account Titles Debits Credits

September 10, 2019 in /by

Kristen Company   Adjusted Trial Balance July 31, 2014 No. Account Titles Debits Credits 101 Cash $  9,840   112 Accounts Receivable 8,140   157 Equipment 15,900   167 Accumulated Depreciation—Equip. $  5,400 201 Accounts Payable 2,220 208 Unearned Rent Revenue 3,800 311 Common Stock 18,000 320 Retained Earnings 20,260 Instructions 332 Dividends 12,000   a)  Prepare the […]

 

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