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pls give answer as soon as possible CarFind Inc, showed the following equity information at December 31, 2022. On April 1, 2023, 350,000 common shares

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CarFind Inc, showed the following equity information at December 31, 2022. On April 1, 2023, 350,000 common shares were issued at $0.70 per share. On June 1, the board of directors declared a 15\% share dividend to shareholders of record on June 15; the distribution date was July 1. The market prices of the shares on June 1, June 15, and July 1 were $2.98,$1.86, and $2.36, respectively. On December 11 , the board of directors declared a 2.1 share split to sharehoiders of record on December 15; the distribution date was December 20. Profit earned during the year was $1,462,500. Required: Prepare the company's equity section on the December 31,2023 , balance sheet. The Data Group Inc. had the following balances in its equity accounts at December 31, 2022: During 2023, the following equity transactions occurred: Apr. 15. Repurchased and retired 10,200 common shares at $22.40 per ahare. May 1 Repurchased and retired 13,000 common shares at $25.60 per nhare. Nov. 1 The board of directors declared a 2:1 share split effective on this date. Required: 1. Prepare journal entries to account for the transactions during 2023 (assuming the retirements were the first ever recorded by The Data Group Inc.). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the purchased and retired 10,200 shares below cost. Note: Enter debits before credsts. 2. Prepare the company's equity section on the December 31,2023 , balance sheet, assuming a loss for the year of $160,000. Ice Industries Inc. showed the following equity account balances at December 31, 2022: The company issued long-term debt during 2023 that requires a retained earnings restriction of $87,000. Share dividends deciared but not distributed during 2023 totalled 8,500 shares capitalized for a total of $102,000. Required: a. Prepare a statement of changes in equity for the year ended December 31, 2023, assuming profit earned during the year was $132,300. (Negative answers should be indicated by a minus sign.) b. What is the maximum amount of dividends that the company can declare during 2024? Horticultural Products Inc. reported $1,144,752 profit in 2023 and deciared preferred dividends of $64,600. The following changes in common shares outstanding occurred during the year. Jan. 199,000 common whares were outstanding. Mar. I Declared and innued a 141 common bhare dividend. Aug. 1 sold 40,000 common nhares. Nov, 1 Sold 20,000 common shares. Calculate the weighted-average number of common shares outstanding during the year and earnings per share. (Round the "Earnings per share" answer to 2 decimal places.) Mady Entertainment Inc, showed the following equity account balances on the December 31,2022 , balance sheet: During 2023, the following selected transactions occurred: Apr. I Repurehased and retired 176,000 common shares at $10.20 per share; this is the first retirement recorded by Mady. June 1 Declared a 2:1 share split to shareholders of record on June 12, distributable June 30 . Dec. 1 Declared a 108 share dividend to shareholders of record on December 10, distributable December 20. The market prices of the shares on December 1, December 10 , and December 20 were $7.20,$6.96, and $7,10, respectively. 20 Distributed the share dividend declared December 1. 31 closed the credit balance of $756,000 in the Income Summary account. Required: a. Journalize the transactions above (assuming the retirements were the first ever recorded by Mady Entertainment Inc.). The company does not use a share dividends account. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) b. Prepare the equity section on the December 31,2023 , balance sheet. Holt Developments Ltd. put an asset in service on January 1, 2021. Its cost was $450,000, its predicted service life was six years, and its expected residual value was $45,000. The company decided to use double-declining-balance depreciation. After consulting with the company's auditors, management decided to change to straight-line depreciation in 2023, without changing either the original service life or residual value. Required: a. What is depreciation expense for 2023? b. Calculate the effect of this change on retained earnings

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