• ITS ALL SAME QUESTION
• XYZ Corporation declared a $.10 cash dividend on the 10,000 shares outstanding.

Prepare the necessary Journal Entries

• Date of Declaration

• Date of Record

• Date of Payment

• On June 15, the companys board of directors declared a 10% stock dividend to be distributed on July 30^th to the stockholders on record for July 3. The company had 200,000 shares of $1 par value stock outstanding with a market value of $20. Prepare the required Journal Entries.

• ABC had a 2:1 stock split. Outstanding shares before the split were 10,000 with a $2 par value and a $20 market value. What would the resulting amounts be after the split?

• LOP, Inc. had a net income of $110,000. There were 190,000 shares outstanding at the beginning of the year. At the end of the year, there were 210,000 shares outstanding. There were 1000 shares of $100 par value, 2% preferred stock outstanding during the year. Determine the basic EPS.

• Cars, Inc. has 3000 shares of $100 par value, 10% preferred stock, and 10,000 shares of $10 par value common stock outstanding. It has declared and paid dividends each year as shown below:

Cumulative P/S

Year	Cash Dividends Declared	Preferred Stock Dividend	P/S Div Per Share	Common Stock Dividend	C/S Div Per Share
Year 1	15,000
Year 2	40,000
Year 3	80,000

Non-Cumulative P/S

Year	Cash Dividends Declared	Preferred Stock Dividend	P/S Div Per Share	Common Stock Dividend	C/S Div Per Share
Year 1	15,000
Year 2	40,000
Year 3	80,000