Question: View Policies Current Attempt in Progress On January 1, Flint Corporation had 62,900 shares of no-par common stock issued and outstanding. The stock has

View Policies Current Attempt in Progress On January 1, Flint Corporation had

View Policies Current Attempt in Progress On January 1, Flint Corporation had 62,900 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred. Apr. 1 Issued 18,000 additional shares of common stock for $13 per share. June 15 July 10 Dec. 22715 Dec. 15 Declared a cash dividend of $1.95 per share to stockholders of record on June 30. Paid the $1.95 cash dividend. Issued 8.000 additional shares of common stock for $13 per share. Declared a cash dividend on outstanding shares of $2.25 per share to stockholders of record on December 31. (a) Prepare a tabular summary to record the three dates that involved dividends. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. Round answers to O decimal places, eg. 5,276)

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