Refer to E11 12 Prepare the journal entry to record (a) the small 12 percent stock dividend and, alternatively, (b) the large 100 percent stock dividend mentioned in requirement 2 of E11 12 Refer E11 12 Common stock (par $10 authorized 60,000 shares, outstanding 25,000 shares) $250,000 Additional paid in capital 12,000 Retained earnings 75,000

Question: Refer to E11-12. Prepare the journal entry to record (a) the small 12 percent stock dividend and, alternatively, (b) the large 100 percent stock dividend

Refer to E11-12. Prepare the journal entry to record (a) the small 12 percent stock and, alternatively, (b) the large 100 percent stock mentioned in requirement 2 of E11-12.
Refer E11-12
Common stock (par $10; authorized 60,000 shares, outstanding 25,000 shares).. $250,000
Additional paid-in capital………………………………………………………….. 12,000
Retained earnings………………………………………………………………….. 75,000

Step by Step Solution

★★★★★

3.38 Rating (170 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a Retained Earnings 25000 x 012 x 18 54000 ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

577-B-A-E (2098).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Refer to your answers from Exercise E18-19. In exercise Gallons Beginning Work-in-Process Inventory............ 0 gallons Started in production...................9,500 gallons Completed and...

Refer to the amortization schedule presented in BE15-8 for Chiasson Corp. (a) Assuming Chiasson redeems these bonds at 100 on January 1, 2015, after the interest has been paid, prepare the journal...

Refer to information in Exercise 19-7. Prepare the journal entry to allocate (close) over-applied or under-applied overhead to Cost of GoodsSold. April 30 May 31 Inventories Raw materials ...._ ....

Refer to E11-12. Prepare the journal entry to record (a) The small 12 percent stock dividend and, alternatively, (b) The large 100 percent stock dividend mentioned in requirement 3 of E11-12?

On December 31, the stockholders equity section of the balance sheet of R & B Corporation reflected the following: Common stock (par $10; 60,000 shares authorized; 20,000 issued and outstanding) $...

On December 31, the stockholders' equity section of the balance sheet of R & B Corporation reflected the following Common stock (par $10; authorized 60,000 shares, outstanding 17,000 shares)...

Everyone keeps answering this wrong, please for Gods sake help me. On December 31, the stockholders' equity section of the balance sheet of R & B Corporation reflected the following Common stock (par...

On December 31, the stockholders' equity section of the balance sheet of R & B Corporation reflected the following Common stock (par $10; authorized 60,000 shares, outstanding 17,000 shares)...

On December 31, the stockholders' equity section of the balance sheet of R & B Corporation reflected the following: Common stock (par $10; 60,000 shares authorized; 31,000 issued and outstanding) $...

On December 31, the stockholders' equity section of the balance sheet of R & B Corporation reflected the following: Common stock (par $10%; 60,000 shares authorized; 31,000 issued and outstanding)...

A control chart displays what information? Check all that apply. A) SPC B) Center line OC) LCL D) Process variance E) Data points (e.g. means, proportions,...) F) UCL

You are finalizing the audit of LMNOP Ltd and you have come across the following material events. State what evidence would have brought the following to your attention, how you would assess the...

In a job - order cost system, the application of manufacturing overhead is usually reflected in the general ledger as an increase in A . Manufacturing overhead control. B . Finished goods control. C...

3. Should Pagoda.com outsource its online help desk? Why or why not? Be sure to consider Table 7.6 and 7.7 when framing your answer.

RecRoom Equipment Company received an $8,000, six-month, 6 percent note to settle an $8,000 unpaid balance owed by a customer. Prepare journal entries to record the following transactions for...

Caterpillar, Inc., reported the following accounts and amounts (in millions) in its December 31, 2010, year-end financial statements. Prepare the current assets section of a classified balance sheet....

Con el objetivo de estimar el gasto promedio diario en alimentos entre los estudiantes del\ campus, se realiz una encuesta a 80 alumnos encontrndose la siguiente informacin. La media\ encontrada en...

5GE myopenmath.com Express the confidence interval 41.5 % 1 5.2% in the form of a trilinear inequality. 1pt 91 98 0 Details Express the confidence interval (9 % , 26 % ) in the form of p + E. F % %...

Question 1 A yield curve derived from a series of yields-to-maturity on zero-coupon bonds is th Group of answer choices A. A par curve. c B. A spot curve. C. A forward curve. D. None of the above....