Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can you make a statement of stockholders equity and balance sheet? Answer 1 of 1 Done NY C PO NI Dahil Card Partian CaSO4 Canec

can you make a statement of stockholders equity and balance sheet?
image text in transcribed
image text in transcribed
image text in transcribed
Answer 1 of 1 Done NY C PO NI Dahil Card Partian CaSO4 Canec taliap TI C Pedale Bad To Cal dondo, D To D) Dead TA Trading immer 105, C 119 11 Soek didend AS Stock SE Nackdende COOPER addis.com 3.10 Ime C Trener C CO2 Intl CAN IL Imamo 41 C TWO 12 POP cen porno 14 TES b. Trading Cards of ROCA Twent in Cash Ghid of ve Trading events 2012 med en del . Amal C Issue price of bonde Prosent value of bonde Interpretatoto wyors Portal CA pi-141-3 Ax . JOURNAL ENTRIES FOR THE GIVEN ADJUSTMENT A. BANK A/C DR. $104500 TO COMMON STOCK AIC $ 95000 TO SECURITY PREMIUM A/C $9500 B. BANK A/C DR. $190000 TO 10% BOND A/C $190000 C. PROFIT AND LOSS A/C DR. $7600 TO DIVIDEND PAYABLE $7600 D. DIVIDEND PAYABLE A/C DR. $7600 TO CASH A/C $7600 E. INVESTMENT A/C DR. $119700 TO BANK/CASH A/C $119700 (BEING COMMISION IS CAPITALISED AND INVESTMENT IS CONSIDERED AS LONG TERM INVESTMENT SINCE INVESTMENT IS LESS THAN 20%) F. PROFIT AND LOSS A/C DR. $15200 TO DIVIDEND PAYABLE $15200 G. DIVIDEND PAYABLE A/C DR. $15200 TO CASH A/C $15200 H.5% BOND A/C DR. $5000 TO BANK/CASH $5000 1. INVESTMENT IN EQUITY A/C DR. $6840 TO BANK $6840 J. BOND INTEREST RECEIVABLE A/C DR. $125 TO PROFIT AND LOSS A/C S 125 BANK A/C DR. TO BOND INTEREST RECEIVABLE A/C $125 K. BANK A/C DR. $1140 TO DIVIDEND $ 1140 DIVIDEND A/C DR.S1140 TO PROFIT AND LOSS AC $ 1140 L. DIVIDEND A/C DR. $1900 TO MASCO LTD A/C $1900 M. BANK A/C DR. $4845 TO COMMON STOCK $3420 TO PROFIT ON SALE OF INVESTMENT A/C 1425 PROFIT ON SALE OF INVESTMENT DR. A/C 1425 TO PROFIT AND LOSS A/C $1425 N.BANK A/C DR. S29640 TO COMMON STOCK $23940 TO PROFIT ON SALE OF INVESTMENT A/C 5700 PROFIT ON SALE OF INVESTMENT DR. A/C 5700 TO PROFIT AND LOSS A/C S5700 O. BANK A/C DR. $38000 TO MASCO $38000 P. BANK DR.$5150 TO BOND 5000 TO GAIN Answer 1 of 1 Done NY C PO NI Dahil Card Partian CaSO4 Canec taliap TI C Pedale Bad To Cal dondo, D To D) Dead TA Trading immer 105, C 119 11 Soek didend AS Stock SE Nackdende COOPER addis.com 3.10 Ime C Trener C CO2 Intl CAN IL Imamo 41 C TWO 12 POP cen porno 14 TES b. Trading Cards of ROCA Twent in Cash Ghid of ve Trading events 2012 med en del . Amal C Issue price of bonde Prosent value of bonde Interpretatoto wyors Portal CA pi-141-3 Ax . JOURNAL ENTRIES FOR THE GIVEN ADJUSTMENT A. BANK A/C DR. $104500 TO COMMON STOCK AIC $ 95000 TO SECURITY PREMIUM A/C $9500 B. BANK A/C DR. $190000 TO 10% BOND A/C $190000 C. PROFIT AND LOSS A/C DR. $7600 TO DIVIDEND PAYABLE $7600 D. DIVIDEND PAYABLE A/C DR. $7600 TO CASH A/C $7600 E. INVESTMENT A/C DR. $119700 TO BANK/CASH A/C $119700 (BEING COMMISION IS CAPITALISED AND INVESTMENT IS CONSIDERED AS LONG TERM INVESTMENT SINCE INVESTMENT IS LESS THAN 20%) F. PROFIT AND LOSS A/C DR. $15200 TO DIVIDEND PAYABLE $15200 G. DIVIDEND PAYABLE A/C DR. $15200 TO CASH A/C $15200 H.5% BOND A/C DR. $5000 TO BANK/CASH $5000 1. INVESTMENT IN EQUITY A/C DR. $6840 TO BANK $6840 J. BOND INTEREST RECEIVABLE A/C DR. $125 TO PROFIT AND LOSS A/C S 125 BANK A/C DR. TO BOND INTEREST RECEIVABLE A/C $125 K. BANK A/C DR. $1140 TO DIVIDEND $ 1140 DIVIDEND A/C DR.S1140 TO PROFIT AND LOSS AC $ 1140 L. DIVIDEND A/C DR. $1900 TO MASCO LTD A/C $1900 M. BANK A/C DR. $4845 TO COMMON STOCK $3420 TO PROFIT ON SALE OF INVESTMENT A/C 1425 PROFIT ON SALE OF INVESTMENT DR. A/C 1425 TO PROFIT AND LOSS A/C $1425 N.BANK A/C DR. S29640 TO COMMON STOCK $23940 TO PROFIT ON SALE OF INVESTMENT A/C 5700 PROFIT ON SALE OF INVESTMENT DR. A/C 5700 TO PROFIT AND LOSS A/C S5700 O. BANK A/C DR. $38000 TO MASCO $38000 P. BANK DR.$5150 TO BOND 5000 TO GAIN

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Oil And Gas Accounting

Authors: Charlotte J. Wright, Rebecca A. Gallun

5th Edition

1593701373, 978-1593701376

More Books

Students also viewed these Accounting questions