Y The stockholders\' equity x WileyPLUS ? chegg-Yahoo Search Re G Home | Chegg.c
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Y The stockholders' equity x WileyPLUS ? chegg-Yahoo Search Re G Home | Chegg.com ? Tesla Presentation.pptx · × × × .> C ? e secure https://edugen.wileyplus.com/edugen/lti/main.uni ::: ? ???iphone ? ?? E? ??? D ???? E? ?? ???? D ???? ? hao123?? 360???? q: ??-lou0163@va N ????????? ? Foundations of Fina Apps » Return to Blackboard el, Accounting, 6e WileyPLUS CALCULATOR PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Problem 11-2A (Part Level Submission) The stockholders' equity accounts of Indigo Corporation on January 1, 2017, were as follows. Preferred Stock (7%, $100 par noncumulative, 4,000 shares authorized) Common Stock ($5 stated value, 326,000 shares authorized) Peid-in Capital in Excess of Per Velue-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (4,000 common shares) Chapter 11 $240,000 1,358,333 12,000 521,600 711,000 32,000 Problem 11-2A (Pa Level Submissi Review Results by Stud During 2017, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. sued 4,620 shares of common stock for $32,340 Mar. 20 Purchased 1,550 additional shares of common treasury stock at $9 per share Oct. 1 Declared a 7% cash dividend on preferred stock, payable November 1 Nov. 1 Paid the dividend declared on October 1 Dec. 1 Declared a 0.80 per share cash dividend to common stockholders of record on December 15, payable December 31, 2017 Dec. 31 Determined that net income for the year was $279,000. Paid the dividend declared on December 1 Your answer is partially correct. Try again Journalize the transactions. (Include entries to close net income and dividends to Retained Earnings.) (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts, Round answers to 0 decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit Feb. 1 ? sh 32,340 Common Stock 23.100 Paid-in Capital in Excess of Stated Value-Comman Stock 9,240 Mar. 20 ?I reasury Stoc 8:20 AM O Type here to searchExplanation / Answer
The answer you have calculated is perfectly correct (216589+16800)=233389
There will be some technical error. I refresh it and try submit it again....
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