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REQUIRMENT 1: 1. record 380,000 shares of common stock were issued at $15.40 per share 2. record 90,000 shares of treasuery (common) stock were sold
REQUIRMENT 1: 1. record 380,000 shares of common stock were issued at $15.40 per share 2. record 90,000 shares of treasuery (common) stock were sold for $19.4 per share 3. Record net income for the year was $1,420 (in thousands) 4.Record the fiscal 2020 preferred dividends were paid in full. assume that all 80,000 shares were outstanding theoughout the year ended june 30,2020 5.record the cash dividend of $0.20 per share was declared and paid to common stockholders. Assume that transactions(1) and (2) occured before the dividend was declared. 6. Record the perferred stock was split for 2 for 1 on june 30, 2020. REQUIRMENT 2:
REQUIRED 3:
REQUIRED 4:
ALL THE INFORMATION NEEDED
Complete this question by entering your answers in the tabs below. Required A1 Required A2 Required B Required C Calculate the dollar amounts that DeZurik Corp. would report for each stockholders' equity ca balance sheet, after recording the effects of transactions 1-6. Also the treasury stock was pui answer in thousands of dollars. Amounts to be deducted should be indicated with a minus sig Dollar amounts reported on the June 30, 2020 Balance sheet Preferred stock Common stock Additional paid-in capital on common stock Retained earnings Treasury stock Total stockholders' equity (Required A1 Required B > Complete this question by entering your answers in the tabs below. Required A1 Required AZ Required B Required c Indicate how the stockholders' equity caption details for DeZurik Corp. would change for the June 30, 2020, balance sheet, as compared to the disclosures for the 2019 balance sheet. (Round the preferred stock values in dollars, rounded to 2 decimal places. .. 32.16. Do not enter answer in thousands.) shares authorized par value, cumulative, shares issued and outstanding 4,000,000 shares authorized Common stock shares issued shares outstanding Treasury common stock, at cost, Complete this question by entering your answers in the tabs below. Required A1 Required AZ Required B Required c Indicate how the stockholders' equity caption details for DeZurik Corp. would change for the June 30, 2020, balance sheet, as compared to the disclosures for the 2019 balance sheet. (Round the preferred stock values in dollars, rounded to 2 decimal places. .. 32.16. Do not enter answer in thousands.) shares authorized par value, cumulative, shares issued and outstanding 4,000,000 shares authorized Common stock shares issued shares outstanding Treasury common stock, at cost,
REQUIRMENT 1:
1. record 380,000 shares of common stock were issued at $15.40 per share
2. record 90,000 shares of treasuery (common) stock were sold for $19.4 per share
3. Record net income for the year was $1,420 (in thousands)
4.Record the fiscal 2020 preferred dividends were paid in full. assume that all 80,000 shares were outstanding theoughout the year ended june 30,2020
5.record the cash dividend of $0.20 per share was declared and paid to common stockholders. Assume that transactions(1) and (2) occured before the dividend was declared.
6. Record the perferred stock was split for 2 for 1 on june 30, 2020.
REQUIRMENT 2:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/6691380a17147_097669138095ab93.jpg)
REQUIRED 3:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/6691380b14aba_0986691380a6faed.jpg)
REQUIRED 4:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/6691380c1ef74_0996691380b7b539.jpg)
ALL THE INFORMATION NEEDED
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/6691380d26d33_1006691380c744fa.jpg)
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