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Can someone please help me with these questions. Use the following to answer questions 6-12 J&TR, Inc., has two classes of stock authorized: S100.00 par
Can someone please help me with these questions. Use the following to answer questions 6-12 J&TR, Inc., has two classes of stock authorized: S100.00 par preferred and $0.10 par value common. As of the beginning of 20XC, 10,000 shares of preferred stock and 800,000 shares of common stock have been issued Record the following transactions to complete the Statement of Stockholders' Equity: fus m.pl A 11-05 The beginning balances are shown below. Complete the Statement of Stockholders' Equity using the above information: Dengan MT wa RT adel S 6. When the shares were issued on March 1, how much did additional paid in capital increase? 7 S 8. 9 On August 1" when the shares were repurchased, how much did stockholders equity decrease? On August 1 when the shares were repurchased, how much did net income decrease? On October 1" when the 40,000 shares were resold, how much did additional paid in capital change (if decrease put in front of the number)? On June 1" when the dividend was declared, how much did retained carning decrease? 10. s 11. Compute ending retained earnings on December 31 12. Compute ending stockholders equity on December 31 ers.ph Use the following to answer questions 6-12 J&TR, Inc., has two classes of stock authorized: $100.00 par preferred and $0.10 par value common. As of the beginning of 20XC, 10,000 shares of preferred stock and 800,000 shares of common stock have been issued. Record the following transactions to complete the Statement of Stockholders' Equity: Effect ea Stockholders' Equity M.S. additional shares of preferred to s101.50 perhe 100.000 dinal shares of cock for Declara cash dividende de common and 1.Ju preferred stack of 0.75 per share to all scholders records 30. Pas the cash disident declared the I purchase buys.600 shares of commer stock for 526.00 per share 1. Resell 47.000 shares of tryck purchased on Nagit for 556.50 pet store Jl DedNet income for the year was $750,000 The beginning balances are shown below. Complete the Statement of Stockholders' Equity using the above information: Adical Tul Pred Paid in Red Trea Stockbilder Sick Capital Earning Beginningale 30 $1.000.000 $80.000 57.800.000 51.200.000 SO 590000 Lance of stock Net income for the year Low Dividende Purchase Try Stock Resell Treasury sock finding balance 20XC 6. $ When the shares were issued on March 1, how much did additional paid in capital increase? 7. $ On August " when the shares were repurchased, how much did stockholders' equity decrease? 8. S On August 1" when the shares were repurchased, how much did net income decrease? 9. $ On October 1" when the 40,000 shares were resold, how much did additional paid in capital change (if decrease put _" in front of the number)? 10. $ On June 1st when the dividend was declared, how much did retained earning decrease? 11. $ on December 31st Compute ending retained earnings 12. $ Compute ending equity on December 31st stockholders
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