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i couldnt figure out these problems please help. Entries for Stock Dividends Healthy Life Co. is an HMO for businesses in the Fresno area. The

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i couldnt figure out these problems please help.

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Entries for Stock Dividends Healthy Life Co. is an HMO for businesses in the Fresno area. The following account balances appear on Healthy Life's balance sheet: Common stock (440,000 shares authorized ; 8,000 shares issued), $75 par, $600,000; Paid-In Capital in excess of parcommon stock, $120,000; and Retained earnings, $6,600,000. The board of directors declared a 2% stock dividend when the market price of the stock was $94 a share. Healthy Life reported no income or loss for the current year. If no entry is required, select "No entry required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. a1. Journalize the entry to record the declaration of the dividend, capitalizing an amount equal to market value. Stock Dividends Stock Dividends Distributable BBB BBB Paid-In Capital in Excess of Par-Common Stock 32. Journalize the entry to record the issuance of the stock certificates. Stock Dividends Distributable C] [:] Common Stock C] [:] b. Determine the following amounts before the stock dividend was declared: (1) total paid-in capital, (2) total retained earnings, and (3) total stockholders' equity. Total paid-in capital $:] Total retained earnings $:] Total stockholders' equity $:] c. Determine the following amounts after the stock dividend was declared and closing entries were recorded at the end of the year: (1) total paid-in capital, (2) total retained earnings, and (3) total stockholders' equity. Total paid-in capital $:] Total retained earnings $:] Total stockholders' equity 15:] Entries for Issuing No-Par Stock On May 15, Helena Carpet Inc., a carpet wholesaler, issued for cash 750,000 shares of no-par common stock (with a stated value of $1.50) at $4, and on June 30, it issued for cash 17,500 shares of preferred stock, $50 par at $60. a. Journalize the entries for May 15 and June 30, assuming that the common stock is to be credited with the stated value. If an amount box does not require an entry, leave it blank. May 15 Cash J Common Stock J Paid-In Capital in Excess of Stated Value-Common Stock June 30 Gas\" '4' Preferred Stock J Paid-In Capital in Excess of Par-Preferred Stock '1 BBB BBB BBB BBB Feedback " V Check My Work Recall that a separate account is used for recording the amount of each class of stock issued to investors in a corporation. Recall the definition of legal capital and what affect that has on recording the sale of stock. b. What is the total amount invested (total paid-in capital) by all stockholders as ofJune 30? $:] Feedback ' V Check My Work Paid-in capital refers to how much has been paid into the corporation by stockholders in order to be owners. Entries for Issuing Par Stock On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 35,000 shares of $20 par common stock at $68, and on February 27, it issued for cash 110,000 shares of preferred stock, $8 par at $12. a. Journalize the entries for January 22 and February 27. If an amount box does not require an entry, leave it blank. Jan. 22 Cash v Common Stock v Paid-In Capital in Excess of Par-Common Stock v Feb. 27 Cash v Preferred Stock v Paid-In Capital in Excess of Par-Preferred Stock v 000 00 000 00 Feedback Check My Work Recall that a separate account is used for recording the amount of each class of stock issued to investors in a corporation. Recall the definition of legal capital and what affect that has on recording the sale of stock. b. What is the total amount invested (total paid-in capital) by all stockholders as of February 27? $Dividends Per Share Lightfoot Inc., a software development rm, has stock outstanding as follows: 25,000 shares of cumulative preferred 2% stock, $20 par, and 31,000 shares of $50 par common. During its rst four years of operations, the following amounts were distributed as dividends: first year, $3,750; second year, $6,250; third year, $47,280; fourth year, $102,690. Calculate the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0". :lst Year 2nd Year 3rd Year 4th Yea Preferred stock (dividend per share) $:] $:] $:] Common stock (dividend per share) $:] $:] $:] Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,000 shares of cumulative preferred 3% stock, $20 par and 410,000 shares of $25 par common. During its rst four years of operations, the following amounts were distributed as dividends: first year, $32,000; second year, $72,000; third year, $80,000; fourth year, $110,000. Determine the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0.00". lst Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) $:] $:] $[:] $ :1 :l :1 Common stock (dividends per share) \\

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