Mursele Choice sin650 53.650 (1) 100 132. 000 12800 At the end of as first year of operenons. Kely Company had 5180.000 of Th noncumulinve, Preferred stock outstanding and 5530.000 of common stoci ovitsionding No aistrbute the divend pad in Year 2 ? Ninthe Chace $20 boo prefenta $180000 camntion. Sig o00 prefered 519000 common 50 preferned 518.000 conmon 50.600 protimed $2.400 cisminsen $5500 prefeded sae soo commin On Sevtember 5 th, Alex Corporation ksued 6,000 thaves of 510 par walue common stock in exchange for land with o market value of s90,000. Whot is the joumal entry Alex. thould make to recocd this exchange? Mutipie Choice Dibt tand S60000, cteot Cemmon stock 560000 . Dobt Common hisck 590000, ereat tend $00000. drcount or premium What is the amount of interest eroente fot the fust steianiuar interesk period? Mution choice Hiles 30 $5.58060: Y6)edent 57.9440 5109000 Doyment to boodholder?? s3015o Hosed 551600 5355.000 136.00. At the end of its fiss year of operatons, Oraco Corporation had 1,200 shyes of 510 par volue, 55% cumultive preferred stock and 12 .000 shares of 510 par value common mast be paid to prefened stockholders in Year 2 before any dividends can be pald to common crockholders? Mutelis Crose 3660 5t3.50. 5500 \$1e0 5+20 Panon Fieght Compsty sstued 10x,5 yeor bonds with a par volue of 51050000 and semiannisal interest poyments Cn the issue dote. the annual market untecett fate for these oondi is 8N. Calculate the bonds iscue (re ind pice, assumeng the folowing Present Vave factors. Mutrole croce. 51215.202 $599244 5.24.7 fvariatz2 sucso.000 On duly taph kinksu Co istued 60 shares of 5100 poc value common mock for 57300 cash. What as the joumal entry Knikeld should make to record the ksusnce of this itock? Mutile Chuice Debe Evibutere in Comnon stock 57300: 6rede Cash 57.300. Decit Cash 47zo0, cueat Comman 900k 17ioo the fest inserest payment ts: Mutupe Chose Duoq Bond wetaritt Eipenie 517730 dect cath 517730 the bondt. Gatcia ves the stralght 4 ine method to amontize s bond discount or premtum. Calcufoce the oniount or carcia's bond interect ekpence for the first semannuy inserest period Mutpit Ooce 336,000 535675 $18375 57000 On January t, 2023 Ecker Compary had a begrining bolance in recaned earnengs of $44,500. Eckers fer income for the year ended December 34,2023 was $7,500. Duriny 2023? Morper Croce 84000 56.000 154000 tix.60) 546000 On Jandary 10en, Green Foods twwed 75 s. toyesr bonds with ops value or $2.600000. The bonds poy interect semiannualy. On the date of iscue, the market fate of interest was 8.5 twand the bond seaing poce wss 52,423,327. What journal entry should Green Foods make to record the issuance of the bond?? Murver Chatce Dobr Can 12.423122 west bonds Payose 52.423.227
