The Annapolis Corporation's stockholders' equity accounts have the following balances as of January 1, 2016: 12% preferred stock, cumulative, $50 par, 10,000 shares issued and outstanding $ s00,000 $ 1.000,000 $ 1.000,000 S 3750.000 $ 6250.000 Common stock, $10 par (100,000 shares issued and outstanding) 1,000,000 Additional paid-in capital: common Retained earnings Total stockholders' equity Annapolis engaged in the following dividend transactions during 2016, 2017, and 2018 2016 Dividends are in arrears for 2014 and 2015. On December 1, 2016, the annual cash dividend plus the dividends in arrears were declared on the preferred stock. In addition, a $150 per share dividend was declared on the common stock. The dividends were paid on December 31, 2016. On December 1, 2017, the annual cash dividend on the preferred stock was declared. The dividend was paid on December 31, 2017. 2017 On December 10, a 30% stock dividend was declared on the common stock, distributable on January 25, 2018. The market price per share for the common stock on December 10, 2017, was $28. On January 25, 2018, the stock dividend declared on December 10, 2017, was issued. 2018 On December 1, the annual cash dividend on the preferred stock was declared; it is payable on Januany 15, 2019. In addition, on December 1, a 1ON stock dividend was declared on the common stock,

The stockholders' equity section of the January 1, 2031 balance sheet for XYZ Company is given below: Common stock, $14 par value ................. $525,000 Paid-in capital – common stock .............. $150,000 Treasury stock (14,000 shares @ $16 cost) ... $224,000 Paid-in capital – treasury stock ............ $ 13,000 Retained earnings ........................... $107,000 XYZ Company entered into the following transactions during 2031: a. Re-issued 2,000 of the treasury shares for $11 per share. b. Re-issued 3,000 of the treasury shares for $13 per share. c. Issued 5,000 shares of previously un-issued common stock for $21 per share. d. Re-issued 6,000 of the treasury shares for $19 per share. Calculate the balance in the retained earnings account after all four transactions above are recorded.

Shown below is information relating to the stockholders' equity of Robertson Corporation at December 31, 2022: 12% cumulative preferred stock, $150 par Common stock, $1.50 par Additional paid-in capital: preferred stock Additional paid-in capital: common stock Treasury stock (at cost: 6,000 common shares) Retained earnings Refer to the above data. How many shares of common stock are outstanding? O a. 600,000 O b. 406,000 O c. 594,000 O d. 394,000 $1,500,000 600,000 300,000 900,000 180,000 1,350,000

The following selected accounts appear in the ledger of Parks Construction Inc. at the beginning of the current fiscal year: Preferred 1% Stock, $50 par (100,000 shares authorized, 83,900 shares issued)$4,195,000 Paid-In Capital in Excess of Par—Preferred Stock184,580 Common Stock, $3 par (5,000,000 shares authorized, 2,120,000 shares issued)6,360,000 Paid-In Capital in Excess of Par—Common Stock1,590,000 Retained Earnings31,692,000 During the year, the corporation completed a number of transactions affecting the stockholders’ equity. They are summarized as follows: Journalize the entries to record the transactions. Should equal 18 lines. Jan. 5 Issued 467,700 shares of common stock at $9, receiving cash. Feb. 10  Issued 10,700 shares of preferred 1% stock at $62. Mar. 19 Purchased 53,000 shares of treasury stock for $6 per share. May 16 Sold 20,000 shares of treasury stock for $8 per share. Aug. 25 Sold 5,200 shares of treasury stock for $5 per share. Dec. 6 Declared cash…

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A corporation reported the following information at December 31, 2014: 12% cumulative, nonparticipating preferred stock, $10 par, 50,000 shares authorized; callable at par value..........$500,000 Common stock, $2 par, 30,000 shares authorized..........$40,000 Paid in Capital:      Preferred Stock ..........$50,000      Common Stock...........$50,000            Total Capital Stock...........$640,000 Retained Earnings..........30,000 Less: Treasury stock (500 common shares at cost).........5,000            Total Stockholders' Equity.............$665,000   How many shares of preferred stock are outstanding?

Shown below is information relating to the stockholders' equity of Perry Corporation as of December 31, Year 1: 5.5% cumulative preferred stock, $100 par value; authorized, ?? shares; issued and outstanding, ?? shares Common stock, $10 par value; authorized, 360,000 shares; issued and outstanding, 140,000 shares Additional paid-in capital: Common stock Retained earnings (Deficit) Dividends in arrears What was the original issue price per share of common stock?

DeZurik Corporation had the following stockholders’ equity section in its June 30, 2022, balance sheet (in thousands, except share and per share amounts):   June 30 (in thousands)2022 Paid-in capital:   $4.0 Preferred stock, $ ? par value, cumulative, 60,000 shares authorized, 21,000 shares issued and outstanding $ 1,490 Common stock, $6 par value, 4,000,000 shares authorized, 840,000 shares issued, 750,000 shares outstanding   Additional paid-in capital on common stock 5,320 Retained earnings   Less: Treasury common stock, at cost, ? shares   Total stockholders' equity $ 15,410 Required: Calculate the par value per share of preferred stock and determine the preferred stock dividend percentage. Calculate the amount that should be shown on the balance sheet for common stock at June 30, 2022. What was the average issue price of common stock shown on the June 30, 2022, balance sheet? How many shares of treasury stock does DeZurik Corporation own at June 30, 2022?…

Gordon Corporation reported the following equity section on its current balance sheet. The common stock is currently selling for $12.00 per share.   Common Stock, $10 Par, 103,000 shares authorized, 58,000 shares issued and outstanding $580,000 Paid-in Capital in Excess of Par—Common 125,000 Retained Earnings 302,000 Total Stockholders' Equity $1,007,000   What would be the total stockholders' equity after a 15% common stock dividend?

On January 1, 2021, the stockholders’ equity section of Jayhawk Corporation’s balance sheet showed the following   Preferred stock, $100 par value, 5%, 50,000 shares authorized,      5,000 shares issued and outstanding $500,000 Additional Paid-in-Capital, Preferred Stock 100,000 Common stock, $3 par value, 500,000 shares authorized,      20,000 shares issued and outstanding 60,000 Additional Paid-in-Capital, Common Stock 250,000 Total Contributed Capital 910,000 Retained Earnings 320,000 Total Stockholders' Equity $1,230,000                   During the year, 2021, the following transactions occurred:               February 2       Issued 2,000 shares of common stock for $22 per share.             April 15           Issued 1,000 shares of preferred stock for $125 per share.             July 10           Repurchased 500 shares of common stock (treasury stock) at $20       per share.       Required:   Prepare journal entries to…