Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, 20Y8, were as follows:
a. Issued 15,000 shares of $20 par common stock at $30, receiving cash.
b. Issued 4,000 shares of $80 par preferred 5% stock at $100, receiving cash.
c. Issued $500,000 of 10-year, 5% bonds at 104, with interest payable semiannually.
d. 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.
Required:
Journalize the selected transactions.
Answers: 1
Business, 22.06.2019 20:00
Experienced problem solvers always consider both the value and units of their answer to a problem. why?
Answers: 3
Business, 22.06.2019 20:40
Spartan credit bank is offering 7.5 percent compounded daily on its savings accounts. you deposit $5,900 today. a. how much will you have in the account in 4 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. how much will you have in the account in 12 years? (use 365 days a year. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. how much will you have in the account in 19 years?
Answers: 2
Business, 23.06.2019 00:00
In this multi-channel funnel report, which two channels have the highest overlap and would benefit from coordinated marketing messaging?
Answers: 2
Business, 23.06.2019 00:30
Suppose there is a 6 percent increase in the price of good x and a resulting 6 percent decrease in the quantity of x demanded. price elasticity of demand for x is a. 0 b. 6 c. 1 d. 36
Answers: 2
Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, 2...
Social Studies, 09.11.2020 17:30
English, 09.11.2020 17:30
English, 09.11.2020 17:30
English, 09.11.2020 17:30
Mathematics, 09.11.2020 17:30
Mathematics, 09.11.2020 17:30
Computers and Technology, 09.11.2020 17:30
Mathematics, 09.11.2020 17:30
History, 09.11.2020 17:30
Mathematics, 09.11.2020 17:30
Mathematics, 09.11.2020 17:30
Mathematics, 09.11.2020 17:30
Mathematics, 09.11.2020 17:30
Mathematics, 09.11.2020 17:30