Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 2: Move to retained eranings column.Show the journal entey to close out net income to retained earnings.? only prepare journal entries for the most

Question 2: Move to retained eranings column.Show the journal entey to close out net income to retained earnings.? only prepare journal entries for the most current year.
image text in transcribed
Layout References Mailing Review Help FORD MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED STATEMENT OF EQUITY fin millions) Equity Attributable to Ford Motor Company Capital Stock Cap.in Excess of Par Value of Stock $ 21,021 Retained Earnings Accumulated Deficit 14,950 4.589 Accumulated other Comprehensive Inconellos) (Note 21) 5 (6,257) 5 Treasury Stock Total (977) 5 29,200 4.589 Equity Attributable to Me controlling Interests 5 15 11 Tota Equity 529,273 4.600 notat Documber 31, 2015 Net income het comprehensive income of tax Common stocked (including share-based compensations) The fockether Cash dividends dedared (3) Balance at December 31, 2015 209 209 205 (145) 3.375) 16,199 3,375 $ 29729 (5) 17 41 21,630 (3381) 529,745 1.0135 (1.122) 5 5 21.630 $ $ 17.013) $ (1,122) 5 17 5 15,193 565 7.731 29,728 ST2 7,731 54 26 7.75 Balance at December 31, 2016 doption of accounting standarts Net incon Other comprehensive income foss), net of fax ormon stock (including share-based compensation impacts Treasury stock/other Canh dividends declared (a) Balance at December 31, 2017 207 207 (131) 2) 207 (133) 2.584 21.00 41 521045 S 2.584) $ 35,578 16959) 11,253) $ 535.500 $ 41 $ 21.843 $ $ 21,906 3,677 (1,253) 5 28 $ 35,570 3,677 (407) 35.600 605 10 (407) Balance at December 31, 2017 Net income that comprehensive income fossnet of tax Sommon stock is including share based compensation impacts Turystock/other Ideed and dividend equivalent declared (a) Balance at December 31, 2010 163 150 (164 163 (1140 12,00 0.627 15 22.668 5 $ 22,005 $ 1121 36 (7.366) 11.417 $ 5 la We declared dividends per share of Common and Class Stock of 50 5.50 65 and 50 73 per share in 2016, 2017 and 2010, respectively

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

The Employee Motivation Audit

Authors: Jane Weightman

1st Edition

0955970709, 978-0955970702

More Books

Students also viewed these Accounting questions

Question

(1 point) Calculate 3 sin x cos x dx.

Answered: 1 week ago

Question

Identify the types of informal reports.

Answered: 1 week ago

Question

Write messages that are used for the various stages of collection.

Answered: 1 week ago