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CP 111 The following captions are subtotals appearing in the stockholders equity section of the balance sheet for Hudson Day Corporation: I have attached the
CP 111 The following captions are subtotals appearing in the stockholders equity section of the balance sheet for Hudson Day Corporation:
I have attached the full question and workbook for the answers to be filled into below. The answers must be put into this workbook format or I won't understand them. Also, I can't understand handwriting that's not my own that well, so if you must give me handwritten answers, please only print and make it very understandable. Thank you!
CP 11-1 The following captions are sub-totals appearing in the stockholders' equity section of the balance sheet for Hudson Day Corporation a. Total capital stock b. Total retained earnings Required: For each event listed below, indicate, in the format provided, whether the amount of each subtotal is increased () or decreased (). Indicate with an 'x' if there is no change to a particular subtotal. Consider each event to be unrelated to the others Total capital stock Retained earnings Company is incorporated Issued shares of common stock with a stated value of $1 Split the common stock 2 for 1 Recorded net income for the year Reacquired somne shares of common 4 stock previously outstanding Declared a cash dividend 6 7. Paid a cash dividend 8. (Appendix 1) Declared a stock dividend 9.(Appendix 2) Created a restriction on retained earnings CHAPTER ELEVEN Equity Financing CP 11-1 Name Total capital Retained stock earnings 1. 2. 3. 4. 5. Company is incorporated Issued shares of common stock with a stated value of $1 Split the common stock 2 for 1 Recorded net income for the year Reacquired some shares of common stock previously outstanding Declared a cash dividend Paid a cash dividend Declared a stock dividend Created a restriction on retained earnings 6. 7. 8. 9Step by Step Solution
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