Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

plasse answer I want the same method as this solution Case study (3) As of December 31, 2018, Eman Corporation reported the Dividends payable 20,000

plasse answer
image text in transcribed
I want the same method as this solution
image text in transcribed
Case study (3) As of December 31, 2018, Eman Corporation reported the Dividends payable 20,000 Treasury stock 300,000 Paid-in capital share repurchase 30,000 Other paid-in capital accounts 2,000,000 Retained earnings 1,000,000 8 M 10 am D of Ex During 2019, half of the treasury stock was resold for $100,000; net income was 30,000; cash declared were $500,000; and stock dividends declared were $400,000. or What would shareholders' equity be as of December 31 2019? Case 2- 2. As of December 31, 2018, Wamer Corporation reported the Dividends payable 20.000 Treasury stock 600.000 Paid in capital-share repurchase 20.000 Other paid in capital accounts 4,000,000 Retained earrings 3,000,000 During 2018, 150%) of the treasury stock was resold for $240,000, net income was $500,000 cash dividends declared were $1,500,000, and stock dividends declared were $700.000 What would takes equity be as of December 31, 2017 DES Pascal Ooo incapaccount Pened aming Tary TORS share repurchase 31-12-2018 20.000 4.000.000,0 3,000,000,0 $ 1600.000) 6.420.000 1-Sale of Treasury stock 5 20.000) 5 (400) 300,000 200,000 2.net nome 500,000 500.000 3-cash dividends $ (1.50) $ 1.500.000 4-stock dividends 700.000 700.000) $ 31-12-2019 4700000 120TOOS (300.000 5.600.000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Principles Understanding Important Terms And Principles Of Accounting

Authors: Lyndsay Sudduth

1st Edition

B0B5KV57NJ, 979-8840104033

More Books

Students also viewed these Accounting questions

Question

What are the implications of examining both averages and ranges?

Answered: 1 week ago