DeLong Corporation was organized on January 1, 2019. It is authorized to issue 10,000 shares of 8%, $100 per value preferred stock, and 500,000 shares of no-par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year.

Contact us for the solution

Fechter Corporation had the following stockholders equity accounts on Janauary 1, 2019: Common Stock ($5 par) $50,000, Paid-in Capital in Exces of Par-Cmmon Stock $200,000, and Retained Earnings $100,000. In 2019, the company had the following treasry stock transactions

Contact us for the solution

The stockholders equity accunts of Castle Corporation on January 1, 2019, were as follows

Contact us for the solution

Peck Corporation is authorized to issue 20,000 shares of $50 par value, 10% preferred-stock and 125,000 shares of $5 par value common stock. On January 1, 2019, the ledger contained the following stockholders equity balances

Contact us for the solution

The following stockholders equity accounts arranged alphabetically are in the ledger of Galindo Corporation at December 31, 2019.

Contact us for the solution

Irwin Corporation has been authorized to isue 20,000 shares of $100 par value, 10% preferred stock and 1,000,000 shares of no-par common stock. The corporation assigned a $2,50 stated value to the common stock. At December 31, 2019, the ledger contained the following balances pertaining to stockholders equity.

Contact us for the solution

Andrea has prepared the following list of statements about corporations

Contact us for the solution

During its first year of operations, Foyle Corporation had the following transactions pertaining to its common stock.

Contact us for the solution

Osage Corporation issued 2,000 shares of stock.

Contact us for the solution

Quay Co. had the following transactions during the current period.

Contact us for the solution

Latest Articles

« »