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bols Add-ons Help Last edit was yesterday at 10:30 PM BIU A AN Artel 12 BIVA CD M All 12 + BIVA Punce Short Dec 31, 2011 PANDEY Caprio Prewed Mock Drake Cook 330 Tea preted Ch 1 Ant Baldey-Bescom College ACC207 Principles of Accounting II Assignment #3A-2021 On December 31, 2021, Peabody Company had 820,000 shares of $10 par common stock issued and outstanding. At that date, stockholders' equity had the amounts listed below: Account Common Stock /S5 par value) Additional paid in capital: CIS Retained Earnings Amount $3,200,000 2.460,000 1,600,000 During 2022 the following transactions occurred: January 18: Issued 80,000 shares of $100 par value, 7% cumulative preferred stock for $107. Date 1718 Account Titles and Explanation Common stock Ref Debit Credit March 23: Purchased 20,000 shares of treasury stock for $15 per share. Date Account Titles and Explanation Ref Debit Credit May 15: Declared a cash dividend on preferred stock payable on June 12 to stockholders of record on May 31 Date Account Titles and Explanation Rer Debit Credit June 8: Declared a cash dividend on common stock of $2.00 per share payable on July 10 to stockholders of record on July 1. Date Account Titles and Explanation Ref Debit Credit July 10: Paid both preferred and common stock dividends. Date Account Titles and Explanation Credit Ref Debit December 31: Net income for the year was 52,900,000. Date Account Titles and Explanation Ref Debit Credit December 31: Closed dividend account into Retained Earnings. Account Titles and Explanation Ref Debit Credit PIS CR APIC. PIS CR RE CR DR DR DR CIS CR APIC: CIS CR TIS CR DR DR DR Peabody Corporation Partial Balance Sheet December 31, 2022 Stockholders' equity: Paid-in capitel: Capital stock: 7% Preferred stock, $100 par value Common stock, $10 par value Total capital stock Additional paid-in capital: In-excess of par value- preferred stock In-excess of stated value- common stock Total additional paid-in capital Total paid-in capital Retained Earnings Total paid-in capital and retained earnings Less: Treasury stock.common Total stockholders' equity bols Add-ons Help Last edit was yesterday at 10:30 PM BIU A AN Artel 12 BIVA CD M All 12 + BIVA Punce Short Dec 31, 2011 PANDEY Caprio Prewed Mock Drake Cook 330 Tea preted Ch 1 Ant Baldey-Bescom College ACC207 Principles of Accounting II Assignment #3A-2021 On December 31, 2021, Peabody Company had 820,000 shares of $10 par common stock issued and outstanding. At that date, stockholders' equity had the amounts listed below: Account Common Stock /S5 par value) Additional paid in capital: CIS Retained Earnings Amount $3,200,000 2.460,000 1,600,000 During 2022 the following transactions occurred: January 18: Issued 80,000 shares of $100 par value, 7% cumulative preferred stock for $107. Date 1718 Account Titles and Explanation Common stock Ref Debit Credit March 23: Purchased 20,000 shares of treasury stock for $15 per share. Date Account Titles and Explanation Ref Debit Credit May 15: Declared a cash dividend on preferred stock payable on June 12 to stockholders of record on May 31 Date Account Titles and Explanation Rer Debit Credit June 8: Declared a cash dividend on common stock of $2.00 per share payable on July 10 to stockholders of record on July 1. Date Account Titles and Explanation Ref Debit Credit July 10: Paid both preferred and common stock dividends. Date Account Titles and Explanation Credit Ref Debit December 31: Net income for the year was 52,900,000. Date Account Titles and Explanation Ref Debit Credit December 31: Closed dividend account into Retained Earnings. Account Titles and Explanation Ref Debit Credit PIS CR APIC. PIS CR RE CR DR DR DR CIS CR APIC: CIS CR TIS CR DR DR DR Peabody Corporation Partial Balance Sheet December 31, 2022 Stockholders' equity: Paid-in capitel: Capital stock: 7% Preferred stock, $100 par value Common stock, $10 par value Total capital stock Additional paid-in capital: In-excess of par value- preferred stock In-excess of stated value- common stock Total additional paid-in capital Total paid-in capital Retained Earnings Total paid-in capital and retained earnings Less: Treasury stock.common Total stockholders' equity
