(b) ✓ Your answer is correct. Post to the stockholders' equity accounts. (Post entries in the order of journal entries presented in the previous part) (c) V V eTextbook and Media List of Accounts Preferred Stock Mar, 1 Nov 1 Dec. 31 Bal V Paid-in Capital in Excess of Par-Preferred Stock Mar, 1 Nov. 1 Dec. 31 Bal. V Common Stock Jan, 10 Apr. 1 May 1 Aug. 1 Sept. 1 Dec. 31 Bal Jan 10 Apr. 1 Paid-in Capital in Excess of Stated Value-Common Stock May 1 Aug. 1 V Sept. 1 Dec. 31 Bal V V V V V v V 440000 150000 590000 22000 22500 44500 241500 73500 255000 30000 30000 630000 241500 14000 106250 15000 30000 406750 Attempts: 4 of 5 used
(b) ✓ Your answer is correct. Post to the stockholders' equity accounts. (Post entries in the order of journal entries presented in the previous part) (c) V V eTextbook and Media List of Accounts Preferred Stock Mar, 1 Nov 1 Dec. 31 Bal V Paid-in Capital in Excess of Par-Preferred Stock Mar, 1 Nov. 1 Dec. 31 Bal. V Common Stock Jan, 10 Apr. 1 May 1 Aug. 1 Sept. 1 Dec. 31 Bal Jan 10 Apr. 1 Paid-in Capital in Excess of Stated Value-Common Stock May 1 Aug. 1 V Sept. 1 Dec. 31 Bal V V V V V v V 440000 150000 590000 22000 22500 44500 241500 73500 255000 30000 30000 630000 241500 14000 106250 15000 30000 406750 Attempts: 4 of 5 used
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter11: Stockholders' Equity
Section: Chapter Questions
Problem 11.2E
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