Question: I am having trouble computing the following, please help and show how to resolve with a step-by-step explanation (preparing stockholders equity) Pearl Company has two

I am having trouble computing the following, please help and show how to resolve with a step-by-step explanation (preparing stockholders equity)

Pearl Company has two classes of capital stock outstanding:8%, $20par preferred and $5par common. At December 31, 2020, the following accounts were included in stockholders' equity.

Preferred Stock,159,600shares $3,192,000
Common Stock,1,970,000shares 9,850,000
Paid-in Capital in Excess of ParPreferred Stock 193,000
Paid-in Capital in Excess of ParCommon Stock 27,534,000
Retained Earnings 4,424,000

The following transactions affected stockholders' equity during 2021.

Jan. 1 29,100shares of preferred stock issued at $22per share.
Feb. 1 47,100shares of common stock issued at $20per share.
June 1 2-for-1 stock split (par value reduced to $2.50).
July 1 32,500shares of common treasury stock purchased at $11per share. Pearl uses the cost method.
Sept. 15 10,400shares of treasury stock reissued at $12per share.
Dec. 31 The preferred dividend is declared, and a common dividend of46 per share is declared.
Dec. 31 Net income is $2,112,000.

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