Hw1 Chapter 15 Question 2 Of 19 25 E E Riverbed Company Reported The Following Amounts In The Stockholders Equity Se 1 (29.99 KiB) Viewed 6 times
Hw1 Chapter 15 Question 2 Of 19 25 E E Riverbed Company Reported The Following Amounts In The Stockholders Equity Se 2 (23.37 KiB) Viewed 6 times
HW1-Chapter 15 + Question 2 of 19 -/25 E E Riverbed Company reported the following amounts in the stockholders equity section of its December 31, 2019, balance sheet Preferred stock, 11%, 5100 par (10,000 shares authorized, 2,100 shares issued) Common stock. $5 par (104,500 shares authorized, 20.900 shares issued) Additional paid-in capital Retained earnings Total 1. During 2020, Riverbed took part in the following transactions concerning stockholders equity Paid the annual 2019 $11 per share dividend on preferred stock and a $2 per share dividend on common stock. These dividends had been declared on December 31, 2019. 3 4 5. <> 6. 7 $210,000 104,500 135,000 492,000 $941.500 Purchased 1.600 shares of its own outstanding common stock for $39 per share Riverbed uses the cost method. Reissued 700 treasury shares for land valued at $28,700 Issued 530 shares of preferred stock at $107 per share. Declared a 10% stock dividend on the outstanding common stock when the stock is selling for $41 per share Issued the stock dividend Declared the annual 2020 511 per share dividend on preferred stock and the $2 per share dividend on common stock. These A diddande sable in 200 SM S tv F
(a) Prepare journal entries to record the transactions described above. (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 O for the amounts) No. Account Titles and Explanation Debit 1. 2. 3. Credit
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