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I need it fast please Part 1:Computations (15%, 5 points each) Please compute the answers and show calculation process. 1. X Co. issued 200, 000

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Part 1:Computations (15\%, 5 points each) Please compute the answers and show calculation process. 1. X Co. issued 200, 000 shares of coemon stock on January 1. 2019. On Feb 1. V Co. declared a cash dividend of 0.1 ywan per share on the 150.000 shares of common stock outstanding. Record on Feb 20 and payable Mar 1 to stockholders. How much is the balance for dividend payable account on Feb 20 for the conpany? Answer: 2. Apple invests $59,000 for a one-third equity in the partnership of Banana and Mango. Prior to Apple" s admission, Banana had capital account balances of $52,000 shile Mango had $57,000 in his capital account balances: after Apple' s adnission, all three partners had equal equity in the firm. In recording Apple' s investacht, how much should Apple' s capital account be credited for? Answer: 3. Avocado Corporat ion is authorized to issue 1, 800,000 shares of 3 yuan par value capital stock. The corporation issued one half of the stock for cash of 4 ywan per share, earned 2,500,000 yaan during the first year, and declared a cash dividend of 380,000 yoan. How much is the total paid-in capital of Avocado Corporation after one year of operation? Answer: Score Part 2: Partnership (22\%) Please calculate the net incone to be divided anong different partners and fill in brackets in the table. W7) Bookstore was organized as a partnership with Fang investing 500, 000 yuan and beng investing 800,000 yuan. Daring the first year of operation, net. incoles anounted to 520,000 yuan. Determine how the 520,000 yuan net inccee vould be divided under each of the folloving three independent assualtions as to the agreenent on sharing profits and losses. Hse tables given to shos all steps in the division of net incone between the partners. (1) Interest allowances at 15V to be allowed on beginning capital investnents and balances to be divided equally. (9k, 1 points each bracket) (2) Salary allowances of 220,000 yuan to Wang and 80,000 yuan to Deng, interest at 10% to be allowed on beginning capital investments, balance Score Part 3:Stockholder's equity (18k, 3 points each) Please answer the questions asing the infornstion given in the table. The year end talance sheet of tang 6 s isclutes the follusing stocktoldera' equity section fwish ertais detalls imitted : Instructiona: Anwer: (2) Dat is the total abown of the amal dividenls paid to preferred stockholders? Ahewer: Answer: (4) Ehat is the iamust of Ieral expital? Answer: (5) that is the total annust of paid-is copitat? Anrwer: (6) That is the book value per share of comos steek? (There afe mi in arreurch) Answer: Part 4 :Earnings per share (15%,5 points each) Please calculate the earnings per share using the information given below. In the year of 2017. D. E Co. earned a net income of 580, 000 ytan. The conpany had only issued 200, 000 shares of 3 yuan par value comon stock outstanding at January 1. Conpute the company' s earnings per share under each of the following independent assumptions: (1) No change occurred during the year in the number of shares outstanding. Earnings per share: yuan (2) On July 1, the conpany distributed additional 180,000 shares of common stock in exchange for cash. Earnings per share: yuan 5/7 (3) On 0ct 1, the company distributed additional 240,000 shares of conmon stock in exchange for cash. Earnings per share: yuan Part 5: Issuance of bonds (15\%) Please fill in the brackets and tables as required. On Jan 1, 2020, Watermelon Co. issued $1,000,000 of 10%,5 year bonds payable at 105. Watermelon Co. will pay interests on Jan 1 and July 1. (1) The bonds were issued ( ) (3 points for this question) A. at par B. at a discount C. at a premium (2) How to record the issuance of bonds for Watermelon Co, in the general journal? (6 points for this question) (3) How to record the first interest payment for Watermelon Co, on next interest payment date? ( 6 points for this question) \begin{tabular}{|l|l} \hline Score & Part 6: Investment in stocks (15\%) \\ \cline { 1 } Please fill in the brackets and journal as required. \end{tabular} On September 1,2020, Baiyun Co. Ltd. purchased 20,000 shares of common stock of Guangwai Co., which is selling for 15 yuan per share plus a broker's commission of 1000 yuan. (1) How should we record this transaction in Baiyun Co. Ltd.' s accounting records? (6 points) On November 1, Guangwai Co. declares and issues a 25\% stock dividend. What is the average cost per share after the investee declares 25% stock dividend? (3 points each) (2) Original cost per share: ) yuan (3) New cost per share after receiving stock dividend: ( yuan (4) If Baiyun Co. Sell 1000 shares after receiving the stock dividend for 20 yuan per share, what is the total gain? ) yuan Part 1:Computations (15\%, 5 points each) Please compute the answers and show calculation process. 1. X Co. issued 200, 000 shares of coemon stock on January 1. 2019. On Feb 1. V Co. declared a cash dividend of 0.1 ywan per share on the 150.000 shares of common stock outstanding. Record on Feb 20 and payable Mar 1 to stockholders. How much is the balance for dividend payable account on Feb 20 for the conpany? Answer: 2. Apple invests $59,000 for a one-third equity in the partnership of Banana and Mango. Prior to Apple" s admission, Banana had capital account balances of $52,000 shile Mango had $57,000 in his capital account balances: after Apple' s adnission, all three partners had equal equity in the firm. In recording Apple' s investacht, how much should Apple' s capital account be credited for? Answer: 3. Avocado Corporat ion is authorized to issue 1, 800,000 shares of 3 yuan par value capital stock. The corporation issued one half of the stock for cash of 4 ywan per share, earned 2,500,000 yaan during the first year, and declared a cash dividend of 380,000 yoan. How much is the total paid-in capital of Avocado Corporation after one year of operation? Answer: Score Part 2: Partnership (22\%) Please calculate the net incone to be divided anong different partners and fill in brackets in the table. W7) Bookstore was organized as a partnership with Fang investing 500, 000 yuan and beng investing 800,000 yuan. Daring the first year of operation, net. incoles anounted to 520,000 yuan. Determine how the 520,000 yuan net inccee vould be divided under each of the folloving three independent assualtions as to the agreenent on sharing profits and losses. Hse tables given to shos all steps in the division of net incone between the partners. (1) Interest allowances at 15V to be allowed on beginning capital investnents and balances to be divided equally. (9k, 1 points each bracket) (2) Salary allowances of 220,000 yuan to Wang and 80,000 yuan to Deng, interest at 10% to be allowed on beginning capital investments, balance Score Part 3:Stockholder's equity (18k, 3 points each) Please answer the questions asing the infornstion given in the table. The year end talance sheet of tang 6 s isclutes the follusing stocktoldera' equity section fwish ertais detalls imitted : Instructiona: Anwer: (2) Dat is the total abown of the amal dividenls paid to preferred stockholders? Ahewer: Answer: (4) Ehat is the iamust of Ieral expital? Answer: (5) that is the total annust of paid-is copitat? Anrwer: (6) That is the book value per share of comos steek? (There afe mi in arreurch) Answer: Part 4 :Earnings per share (15%,5 points each) Please calculate the earnings per share using the information given below. In the year of 2017. D. E Co. earned a net income of 580, 000 ytan. The conpany had only issued 200, 000 shares of 3 yuan par value comon stock outstanding at January 1. Conpute the company' s earnings per share under each of the following independent assumptions: (1) No change occurred during the year in the number of shares outstanding. Earnings per share: yuan (2) On July 1, the conpany distributed additional 180,000 shares of common stock in exchange for cash. Earnings per share: yuan 5/7 (3) On 0ct 1, the company distributed additional 240,000 shares of conmon stock in exchange for cash. Earnings per share: yuan Part 5: Issuance of bonds (15\%) Please fill in the brackets and tables as required. On Jan 1, 2020, Watermelon Co. issued $1,000,000 of 10%,5 year bonds payable at 105. Watermelon Co. will pay interests on Jan 1 and July 1. (1) The bonds were issued ( ) (3 points for this question) A. at par B. at a discount C. at a premium (2) How to record the issuance of bonds for Watermelon Co, in the general journal? (6 points for this question) (3) How to record the first interest payment for Watermelon Co, on next interest payment date? ( 6 points for this question) \begin{tabular}{|l|l} \hline Score & Part 6: Investment in stocks (15\%) \\ \cline { 1 } Please fill in the brackets and journal as required. \end{tabular} On September 1,2020, Baiyun Co. Ltd. purchased 20,000 shares of common stock of Guangwai Co., which is selling for 15 yuan per share plus a broker's commission of 1000 yuan. (1) How should we record this transaction in Baiyun Co. Ltd.' s accounting records? (6 points) On November 1, Guangwai Co. declares and issues a 25\% stock dividend. What is the average cost per share after the investee declares 25% stock dividend? (3 points each) (2) Original cost per share: ) yuan (3) New cost per share after receiving stock dividend: ( yuan (4) If Baiyun Co. Sell 1000 shares after receiving the stock dividend for 20 yuan per share, what is the total gain? ) yuan

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