please give ruight answer explain for 27 nov 1. Record the transactions in the general journal.                1-Feb: Issued 23,000 shares of Common Stock at $27 per share. Date  Account   DR   CR   6-Feb Cash Correct $621,000  Correct       Common Stock $10 Par Value Correct     $230,000  Correct   Paid-in Capital in Excess of Par Value-Common Stock Correct     $391,000  Correct               6-Feb: Declared a 5% stock dividend. The market value of the stock on that date was $25/share. Date  Account   DR   CR   6-Feb Stock Dividend Correct $27,500  Correct       Common Stock Dividend Distributable Correct     $11,000  Correct   Paid-in Capital in Excess of Par Value-Common Stock Correct     $16,500  Correct   15-Feb: Distributed the stock dividend Date  Account   DR   CR   15-Feb Common Stock Dividend Distributable Correct $11,000  Correct       Common Stock $10 Par Value Correct     $11,000  Correct                 29-Jul: Purchased 2,000 shares of treasury stock at $25 per share Date  Account   DR   CR   29-Jul Treasury Stock-Common Correct $50,000  Correct       Cash Correct     $50,000  Correct               27-Nov: Declared a cash dividend of $0.20 per share Date  Account   DR   CR   27-Nov Cash Dividend Correct   Incorrect       Dividends Payable-Common Stock Correct       Incorrect

Zen Aerospace Corporation reported the following equity account balances on December 31, 2022: Preferred shares, $3.60 cumulative, unlimited shares authorized Common shares, unlimited shares authorized, 23,500 shares issued and outstanding Retained earnings 648,600 331,000 In 2023, the company had the following transactions affecting shareholders and the shareholders' equity accounts: Jan. 1 Purchased and retired 2,700 common shares at $36 per share. 14 The directors declared an 9% share dividend distributable on February 5 to the January 30 shareholders of record. The shares were trading at $46.30 per share. 30 Date of record regarding the 9% share dividend. 5 Date of distribution regarding the 9% share dividend. Feb. July 6 Sold 5,700 preferred shares at $67 per share. Sept. 5 The directors declared a total cash dividend of $48,006 payable on October 5 to the September 20 shareholders of record. Oct. 5 The cash dividend declared on September 5 was paid. Dec. 31 Closed the $472,600…

Can you answer dividend per share (b.) The stockholders’ equity section of the balance sheet for Mann Equipment Co. at December 31, Year 2, is as follows.     Stockholders’ Equity             Paid-in capital             Preferred stock, ? par value, 4% cumulative,             170,000 shares authorized, 47,000 shares issued and outstanding $ 705,000         Common stock, $12 stated value, 220,000 shares authorized, 47,000 shares issued and ?? shares outstanding   564,000         Paid-in capital in excess of par—Preferred   37,000         Paid-in capital in excess of stated value—Common   141,000         Total paid-in capital       $ 1,447,000   Retained earnings         320,000   Treasury stock, 3,000 shares         (33,000 ) Total stockholders’ equity       $ 1,734,000     Note: The market value per share of the common stock is $26, and the market value per share of the preferred stock is $19.   Required What is the dividend per share on the preferred…

1. Prepare the journal entry to record Tamas Company's issuance of 5,000 shares of $100 par value, 7% cumulative preferred stock for $102 cash per share. 2. Assuming the facts in part 1, if Tamas declares a year-end cash dividend, what is the amount of dividend paid to preferred shareholders? (Assume no dividends in arrears.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record Tamas Company's issuance of 5,000 shares of $100 par value, 7% cumulative preferred stock for $102 cash per share. View transaction list Journal entry worksheet A ... ... ....*...... 8:41 3/27/2 Insert Prt Sc F7 F8 F9 F10 F11 F12 Fn F3 F4 F5 F6 + Lock

The balance sheet caption for common stock is the following: Common stock, $2 par value, 2,070,000 shares authorized, 1,310, 000 shares issued, 1,050,000 shares outstanding $? Required: a. Calculate the dollar amount that will be presented opposite this caption. b. Calculate the total amount of a cash dividend of $0.27 per share. c. What accounts for the difference between issued shares and outstanding shares? a. Amount b. Cash dividend c. Difference between issued shares and outstanding shares

please help with journal entries  1-Jan Issued 15,000 shares of $20 par common stock of $30, receiving cash 1-Jan Issued 4,000 shares of $80 par preferred 5% stock at $100. receiving cash 1-Jan Issued $500,000 of 10-year, 5% bonds at 104, with interest payable semiannually 1-Apr Declared a quarterly dividend of $.50 per share on common stock and $1.00 per share on preferred stock.  On the date of record, 100,000 shares of common stock were outstanding, no treasury shares were held, and 20,000 shares of preferred stock were outstanding. 10-Apr Paid the cash dividends declared 1-May Purchased 8,000 shares of treasury common stock at $33 per share. 1-Jul Declared a $1.00 quarterly cash dividend per share on preferred stock.  On the date of record, 20,000 shares of preferred stock had been issued. 10-Jul Paid the cash dividends to the preferred stockholders 1-Aug Sold, at $38 per share, 2,600 shares of treasury common stock purchased 10-Oct Recorded the payment of…

The stockholders' equity section of Ayayai Corp.'s balance sheet consists of common stock ($7 par) $840,000 and retained earnings $400,000. A 10% stock dividend (12,000 shares) is declared when the market price per share is $15. (a) Show the before-and-after effects of the dividend on the components of stockholders' equity. Before Dividend After Dividend $4 $ $4 (b) Show the before-and-after effects of the dividend on the shares outstanding. Before Dividend After Dividend Outstanding shares >

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How would I Debit and Credit each of these? Jan. 3 Issued 15,000 shares of $20 par common stock at $30, receiving cash. Feb. 15 Issued 4,000 shares of $80 par preferred 5% stock at $100, receiving cash. May 1 Issued $500,000 of 10-year, 5% bonds at 104, with interest payable semiannually.   16 Declared a quarterly dividend of $0.50 per share on common stock and $1.00 per share on preferred stock. On the date of record, 100,000 shares of common stock were outstanding, no treasury shares were held and 20,000 shares of preferred stock were outstanding. Journalize this transaction as two separate entries.   26 Paid the cash dividends declared on May 16. Jun. 1 Purchased 7,500 shares of Solstice Corp. at $40 per share plus a $150 brokerage commission. The investment is classified as an available-for-sale investment.   8 Purchased 8,000 shares of treasury common stock at $33 per share.   22 Purchased 40,000 shares of Pinkberry Co. stock directly from the founders for $24 per…

Prepare the journal entry to record Autumn Company's issuance of 71,000 shares of no-par value common stock assuming the shares: a. Sell for $34 cash per share. b. Are exchanged for land valued at $2,414,000. View transaction list Journal entry worksheet 1 Record the issuance of 71,000 shares of no-par value common stock assuming the shares sell for $34 cash per share. 2 Note: Enter debits before credits. Transaction a. General Journal Debit Credit >