ACCOUNTING Problem 1 The outstanding capital stock ofACCOUNTING Problem 1 The outstanding capital stock of Manners Corporation consisted of 4,000 shares of 10 percent preferred stock, $200 par value, and 40,000 shares of no-par common stock with a state… read more
PDtax
Owner
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Question 1The stockholders equity section of SliverQuestion 1 The stockholders' equity section of Sliver Corporation's balance sheet at December 31, 2014, was as follows: Common stock ($10 par value, authorized 1,000,000 shares, issued and outstanding… read more
Bizhelp
Accountant
Bachelor's Degree
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Need help with two quick intermediate accounting questions,Need help with two quick intermediate accounting questions, please show work so I can follow it as I have tried to work these and haven't been correct. 1.) On January 1, 2012, Bailey Industries had st… read more
Johnmark1900
Finance Manager
Chartered Accountant
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1. On July 1, 2014, an interest payment date, $90,000 of Parks1. On July 1, 2014, an interest payment date, $90,000 of Parks Co. bonds were converted into 1,800 shares of Parks Co. common stock each having a par value of $45 and a market value of $54. There is $… read more
Ellen
Attorney
Doctoral Degree
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Question 3 Which of the following is not an owners equityQuestion 3 Which of the following is not an owner's equity account? a. Common stock. b. Capital stock. c. Retained earnings. d. Accumulated depreciation. e. Paid-in-capital in excess of par. Question … read more
linda_us
Master's Degree
Master's Degree
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Hi Jawaad, First thank you so much for your last answer I truly apprecHi Jawaad, First thank you so much for your last answer I truly appreciate it as I'm traveling for work these past few weeks and its been hard to speand the kind of time I need to on these questions. … read more
F. Naz
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RKJ Company has provided the following: • 100,000 sharesRKJ Company has provided the following: • 100,000 shares of $5 par value common stock are authorized; • 77,000 shares have been issued; • 72,000 shares are outstanding. Which of the following statemen… read more
Bizhelp
Accountant
Bachelor's Degree
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When you have completed your exam and reviewed your answers,When you have completed your exam and reviewed your answers, click Submit Exam. Answers will not be recorded until you hit Submit Exam. If you need to exit before completing the exam, click Cancel Exa… read more
Neo
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For Business Tutor-Question 4 (Computation of Basic andFor Business Tutor-Question 4 (Computation of Basic and Diluted EPS) Charles Austin of the controller's office of Thompson Corporation was given the assignment of determining the basic and diluted ear… read more
Manal Elkhoshkhany
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On October 31, the stockholders equity section of Beta CompanyOn October 31, the stockholders' equity section of Beta Company consists of common stock $600,000 and retained earnings $800,000. Beta is considering the following two courses of action: (1) declaring… read more
F. Naz
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CA Finalist & Completed B.com
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5. (Points: 1) Kirova Company has provided the following5. (Points: 1) Kirova Company has provided the following information: • Number of issued common shares, 900,000; • Net income, $1,000,000; • Number of authorized common shares, 1,000,000; • Number of … read more
Manal Elkhoshkhany
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14. (Points: 1) Which of the following statements doesnt14. (Points: 1) Which of the following statements doesn't correctly describe preferred stock? a. Preferred shareholders have a preference with respect to dividend payments. b. Preferred shareholders h… read more
Manal Elkhoshkhany
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Alexa Corporation recently organized. The company issued commonAlexa Corporation recently organized. The company issued common stock to an inventor in exchange for a patent with a market value of $53,000. In addition, Alexa received cash for both 5,000 shares of … read more
F. Naz
Bachelor's Degree
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Will pay bonus!!! Fogel Co. has $2,500,000 of 8% convertibleWill pay bonus!!! Fogel Co. has $2,500,000 of 8% convertible bonds outstanding. Each $1,000 bond is convertible into 30 shares of $30 par value common stock. The bonds pay interest on January 31 and J… read more
Manal Elkhoshkhany
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For Neo P18-5 Listed below are the transaction that affected"For Neo" P18-5 Listed below are the transaction that affected the shareholders' equity of Branch-Rickie Corporation during the period 2011-2013. At December 31, 2010, the corporation's accounts inclu… read more
Neo
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1. Yates Co. began operations on January 2, 2010. It employs1. Yates Co. began operations on January 2, 2010. It employs 15 people who work eight-hour days. Each employee earns ten paid vacation days annually. Vacation days may be taken after January 10 of the… read more
Neo
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