Access over 35 million academic & study documents

Acc

Content type
User Generated
Subject
Accounting
Type
Homework
Rating
Showing Page:
1/9

Sign up to view the full document!

lock_open Sign Up
Showing Page:
2/9

Sign up to view the full document!

lock_open Sign Up
Showing Page:
3/9

Sign up to view the full document!

lock_open Sign Up
End of Preview - Want to read all 9 pages?
Access Now
Unformatted Attachment Preview
2-Mar Attorneys expense Common stock Additional paid in capital-common stock DR $ 12-Jun Cash Common stock Additional paid in capital-common stock $ 11-Jul Cash Preferred stock Additional paid in capital-preferred stock $ 28-Nov Treasury stock Cash $ CR 30,000 $ $ 25,000 5,000 $ $ 300,000 75,000 $ $ 100,000 10,000 $ 80,000 375,000 110,000 80,000 15-Jun Cash dividends Dividends payable Dr $ 10-Jul Dividends payable C ash $ 15-Dec Cash dividends Dividends payable $ Cr 95,000 $ 95,000 $ 95,000 $ 114,000 95,000 114,000 Gambino 1 18-Mar Stock investment Cash 2 Cash Dividends revenue Dr $ $ Cr 260,000 $ 260,000 $ 6,000 $ 108,000 $ 12,000 6,000 Kanza Inc 1 2 1-Jan Stock investment cash $ 31-Dec Cash Dividend revenue $ 108,000 12,000 Missing data, the question was incomplete DR CR 1-Feb Cash Common stock Paid in capital 120000 14-Apr Cash Paid in capital Treasury stock 33000 3-Sep Patents Common stock Paid in capital 35000 10-Nov Treasury stock Cash 6000 31-Dec Income summary Retained earnings 25000 95000 3000 30000 5000 30000 6000 452000 452000 b Preferred stock Date Common stock Date Transaction 1-Jan balance Transaction 1-Jan balance 1-Feb Sept 3 Paid in capital in excess of par-preferred stock Date Paid in capital in excess of stated value-common stock Date Transaction 1-Jan balance Transaction 1-Jan balance 1-Feb Sept 3 Paid in capital from treasury Date Retained earnings Transaction 14-Apr balan ...
Purchase document to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Anonymous
Just the thing I needed, saved me a lot of time.

Studypool
4.7
Indeed
4.5
Sitejabber
4.4