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Cash 4800 Capital Stock $3000 Gain on sale of stock 1800 Paid-in Capital in Excess of Par-Common Stock Cash Preferred Stock Paid-in Capital in Excess

Cash 4800 Capital Stock $3000 Gain on sale of stock 1800

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Paid-in Capital in Excess of Par-Common Stock Cash Preferred Stock Paid-in Capital in Excess of Par-Preferred Stock Treasury Stock Cash Cash Paid-in Capital from Treasury Stock Treasury Stock npt in Progress Ir answer is partially correct. paring hancial statements for the current year, the chief accountant for Oriole Company discovered the following its. e declaration and payment of $48,000 cash dividend was recorded as a debit to Interest Expense $48,000 and a credi ish $48,000. 10% stock dividend (1,250 shares) was declared on the $10 par value stock when the market price per share was $18. aly entry made was Stock Dividends (Dr.) \$12,500 and Dividend Payable (Cr.) \$12,500. The shares have not been issued 4-for-1 stock split involving the issue of 364,000 shares of $5 par value common stock for 91,000 shares of $20 par valu ommon stock was recorded as a debit to Retained Earnings $1,820,000 and a credit to Common 5 tock $1,820,000. the correcting entries at December 31. (Credit occount titles are automatically indented when amount is entered. Do not inden y. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Paid-in Capital in Excess of Par-Common Stock Cash Preferred Stock Paid-in Capital in Excess of Par-Preferred Stock Treasury Stock Cash Cash Paid-in Capital from Treasury Stock Treasury Stock npt in Progress Ir answer is partially correct. paring hancial statements for the current year, the chief accountant for Oriole Company discovered the following its. e declaration and payment of $48,000 cash dividend was recorded as a debit to Interest Expense $48,000 and a credi ish $48,000. 10% stock dividend (1,250 shares) was declared on the $10 par value stock when the market price per share was $18. aly entry made was Stock Dividends (Dr.) \$12,500 and Dividend Payable (Cr.) \$12,500. The shares have not been issued 4-for-1 stock split involving the issue of 364,000 shares of $5 par value common stock for 91,000 shares of $20 par valu ommon stock was recorded as a debit to Retained Earnings $1,820,000 and a credit to Common 5 tock $1,820,000. the correcting entries at December 31. (Credit occount titles are automatically indented when amount is entered. Do not inden y. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)

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