Problem 11-4A (Static) Analyzing changes in stockholders’ equity accounts LO C3, P2, P3 [The following information appli
Posted: Thu May 19, 2022 3:47 pm
Problem 11-4A (Static) Analyzing changes in
stockholders’ equity accounts LO C3, P2, P3
[The following information applies to the questions
displayed below.]
The equity sections for Atticus Group at the beginning of the year
(January 1) and end of the year (December 31) follow.
The following transactions and events affected its equity during
the year.
3. What is the amount of retained
earnings transferred to paid-in capital accounts (capitalized) for
the stock dividend?
5. How much net income did the company
earn this year?
January 5 April 5 July 5 October 5 Outstanding common shares
January 5 April 5 July 5 October 5 Cash dividend amounts
Capitalization amount
Cost per share
Net income
stockholders’ equity accounts LO C3, P2, P3
[The following information applies to the questions
displayed below.]
The equity sections for Atticus Group at the beginning of the year
(January 1) and end of the year (December 31) follow.
The following transactions and events affected its equity during
the year.
3. What is the amount of retained
earnings transferred to paid-in capital accounts (capitalized) for
the stock dividend?
5. How much net income did the company
earn this year?
January 5 April 5 July 5 October 5 Outstanding common shares
January 5 April 5 July 5 October 5 Cash dividend amounts
Capitalization amount
Cost per share
Net income