Company išsued 10,000U shares of alue of $5 and a fair value of $25 per share of preferred stock with a par value of $15 anc

Mt. Everest Company has $1,000,000 shares of 10%, $20 Par Value Preferred Stock outstanding. On December 1st, the Board of Directors declares a 4% Stock Dividend to be issued to the shareholders of record on December 15th and distributed on December 30th. The market price of the stock on December 1st was $25 per share. Calculate the amount the Company would Debit to Stock Dividends on December 15th:Calculate the amount the Company would Credit to Additional Paid-in Capital…Preferred Stock on December 15:

Accounting for Common, Preferred, and Treasury Stock A-Team Corporation issued 1.000 shares of $5 par value stock for land. The stock is actively traded at $9 per share. The land was advertised for sale at $10,500. The land should be recorded at $9,000. O $5,000. $4,000. O $10.500.

ABC Company issued 10,000 common stocks with a par value of $5 and a fair value of $25 per share along with 15,000 preferred stocks with a par value of $15 and a fair value of $20 per share. Both shares were issued for a total (lump sum) of $530,000. How much of the $530,000 should be allocated to common stock? a. $250,000 b. $289,091 c. $240,909

A company declared and distributed an 8% dividend on 800,000 shares of $5 par value common stock outstanding. Market price per common share on this date was $25. What is the debit to Retained Earnings for the value of the stock dividend? O $64,000 O $320,000 O $1,600,000 O $40,000,000 79°F Rair

Glavine Company issues 6,000 shares of its $5 par value common stock having a fair market value of $25 per share and 9,000 shares of its $15 par value preferred stock having a fair market value of $20 per share for a lump sum of $297,000. The proceeds allocated to the common stock are: a. 150,000 b. 162,000 c. 118,800 d. 135,000

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Ravonette Corporation issued 300 shares of $10 par value common stock and 100 shares of $50 par value preferred stock for a lump sum of $13,500 The common stock has a market price of $20 per share, and the preferred stock has a market price of S90 per share. Prepare the jourmal entry to record the issuance of the common stock S3 000 O Cash Common Stock $3.000 O Cash Common Stock O Cash Common Stock Additional Paid-n Capital C/S None of the above S6 000 $6 000 $5 400 $3.000 $2 400