Entries by mary WAMBUGU

January 2 2019 A Company issues 17,000 shares of $9 par value common stock for $ 12 per share. On April 1 2019 B Company reacquired 1400 of these shares when they were trading $15 per share

August 22, 2019 in /by

January 2 2019 A Company issues 17,000 shares of $9 par value common stock for $ 12 per share. On April 1 2019 B Company reacquired 1400 of these shares when they were trading $15 per share. On August 1 2019 A Company reissued 700 shares of treasury stock at the going market rate of […]

 

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January 1 2019 A Company had 180,000 shares of common stock outstanding with a par value of $4 per share.

August 22, 2019 in /by

January 1 2019 A Company had 180,000 shares of common stock outstanding with a par value of $4 per share. On March 31 A Company authorized a 10% stock dividend when the market value was $17 per share. Prepare General Journal entry for March 31   Looking for a Similar Assignment? Order now and Get […]

 

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At fiscal year end December 31 2018 A Company had total stockholders equity of $3,000,000. on FY 2018 year end A Company had common stock account of $1,700,000 of $10 par value common stock

August 22, 2019 in /by

At fiscal year end December 31 2018 A Company had total stockholders equity of $3,000,000. on FY 2018 year end A Company had common stock account of $1,700,000 of $10 par value common stock and preferred stock account of $190,000 of $90 par value. There was no treasury stock. The preferred stock was noncumulative and […]

 

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FY 2016 A Company had beginning finished good inventory of $200 and ending finished goods inventory of $900.

August 22, 2019 in /by

FY 2016 A Company had beginning finished good inventory of $200 and ending finished goods inventory of $900. Work-in-process decreased by $400 during FY 2016 and factory overhead was $1800. Total manufacturing costs amounted to $47,000. How to determine the FY 2016 dollar amount of 1. Cost of Goods Manufactured and 2. cost of goods […]

 

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