Score: 3.68 of 6 pts 3 of 10 (9 complete) HW Score: 80.55%, 38.66 of 48 EF13-23 (similar to) More Info The charter for KWCP-TV, Inc. authorizes the company to issue 100,000 shares of $5, no completed the following transactions: (Click on the icon to view the transactions) Read the requirements Common Stock-$1 Par Value Sep. 6 Issued 300 shares of common stock to the promoters who organized the corporation, receiving cash of $9,000. Sep. 12 Issued 650 shares of preferred stock for cash of $20,000. Sep. 14 Issued 1,900 shares of common stock in exchange for land with a market value of $19,000. Paid-In Capital in Excess of ParCommon Assume KWCP-TV, Inc. had net income of $33,000 for the month. Issued common stock for land. Print Done Requirement 2. Prepare the stockholders' equity section of the KWCP-TV balance sheet KWCP-TV, Inc. Balance Sheet (Partial) September 30, 2024 Stockholders' Equity Paid-In Capital: Preferred Stock-$5, No-Par Value; 100,000 shares authorized, 650 shares issued and outstanding Common Stock-$1 Par Value; 500,000 shares authorized, $ 20,000 4100 25,800 Paid-In Capital in Excess of ParCommon Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Clear All Final Check Homework: Ch 13 Homework B - Graded S Score: 3.27 of 6 pts 6 of 10 (9 complete) HW Score: 80.55%, 38.66 of 4 %) EF13-29 (similar to) x Help More Info The stockholders' equity of Seaside Occupational Therapy, Inc. on December 31, 2023, follows: (Click the icon to view the data.) (Click the icon to show additional information.) Read the requirements. On April 30, 2024, the market price of Seaside's common stock was $15 per share and the company declared a 14% stock dividend. The stock was distributed on May 15. Issued 14% stock dividend. Print Requirement 2. Prepare the stockholders' equity section of the balance sheet as of May 31, 2023. Assy made to Retained Earnings before preparing the balance sheet was closing the Stock Dividends accoun Done change Data Table Seaside Occupational Therapy, Inc. Balance Sheet (Partial) May 31, 2024 Stockholders' Equity Paid In Capital: Common Stock-$3 Par Value; 1,300 shares authorized, 450 shares issued and outstanding Stockholders' Equity Paid-In Capital: Common Stock-$3 Par Value; 1,300 shares authorized, 450 shares issued and outstanding $ Paid-In Capital in Excess of ParCommon Total Paid-In Capital Retained Earnings $ Total Stockholders' Equity 1,350 1,800 3,150 129,000 Paid-In Capital in Excess of ParCommon Total Paid-In Capital Retained Earnings 132,150 Total Stockholders' Equity Print Done Choose from any list or enter any number in the input fields and then click Check
