menu
bartleby
search
close search
Hit Return to see all results
Subscribe
Sign in

Business
AccountingIntermediate Accounting: Reporting And Analysis3rd Edition

close solutoin list
Chapter 4, Problem 12E
BuyFindarrow_forward

Intermediate Accounting: Reporting...

3rd Edition
James M. Wahlen + 2 others
ISBN: 9781337788281

Solutions

Chapter
Section
Problem 1GI
Problem 2GI
Problem 3GI
Problem 4GI
Problem 5GI
Problem 6GI
Problem 7GI
Problem 8GI
Problem 9GI
Problem 10GI
Problem 11GI
Problem 12GI
Problem 13GI
Problem 14GI
Problem 15GI
Problem 16GI
Problem 17GI
Problem 18GI
Problem 19GI
Problem 20GI
Problem 21GI
Problem 22GI
Problem 23GI
Problem 24GI
Problem 25GI
Problem 26GI
Problem 27GI
Problem 28GI
Problem 29GI
Problem 30GI
Problem 31GI
Problem 32GI
Problem 33GI
Problem 34GI
Problem 1MC
Problem 2MC
Problem 3MC
Problem 4MC
Problem 5MC
Problem 6MC
Problem 7MC
Problem 8MC
Problem 9MC
Problem 10MC
Problem 1RE
Problem 2RE
Problem 3RE
Problem 4RE
Problem 5RE
Problem 6RE
Problem 7RE
Problem 8RE
Problem 9RE
Problem 10RE
Problem 1E
Problem 2E
Problem 3E
Problem 4E
Problem 5E
Problem 6E
Problem 7E
Problem 8E
Problem 9E
Problem 10E
Problem 11E
Problem 12E
Problem 1P
Problem 2P
Problem 3P
Problem 4P
Problem 5P
Problem 6P
Problem 7P
Problem 8P
Problem 9P
Problem 10P
Problem 11P
Problem 12P
Problem 13P
Problem 14P
Problem 15P
Problem 16P
Problem 17P
Problem 18P
Problem 1C
Problem 2C
Problem 3C
Problem 4C
Problem 5C
Problem 6C
Problem 7C
Problem 8C
Problem 9C
BuyFindarrow_forward

Intermediate Accounting: Reporting...

3rd Edition
James M. Wahlen + 2 others
ISBN: 9781337788281
Textbook Problem
1 views

Statement of Shareholders’ Equity On January 1, 2019, Osgood Film Studios reported the following alphabetical list of shareholders’ equity items:

Chapter 4, Problem 12E, Statement of Shareholders Equity On January 1, 2019, Osgood Film Studios reported the following

Dining 2019, the company sold 3,000 shares of common stock for 310 per share and of preferred stock for $125 per share. It also earned income of $99,000 and paid dividends of $8 per share on the preferred stock and $1.50 per share on the common stock outstanding at the end of 2019.

Required:

Prepare Osgood’s statement of shareholders’ equity (include retained earnings) for 2019.

To determine

Prepare statement of stockholders’ equity for Company O for 2019.

Explanation

Statement of Stockholders’ Equity:

Statement of Stockholders’ Equity is prepared to find out the changes and ending balance of contributed capital, treasury stock, retained earnings, and other comprehensive income in the business. The amount of stockholders’ equity is increased by issuance of stock and net income of the company and decreased by the payment of dividends and repurchase of treasury stock.

Prepare statement of stockholders’ equity for Company O for 2019:

Table (1)

Working note:

Calculate the amount of cash dividends on preferred stock:

Cash dividends on preferred stock = [(Outstanding preferred stockPar value +Sold nuumber of preferred stock )× Dividend per share]=[($60,000$100+500)×$

Still sussing out bartleby?

Check out a sample textbook solution.

See a sample solution
arrow_back
Chapter 4,
Problem 11E
Chapter 4,
Problem 1P
arrow_forward

The Solution to Your Study Problems

Bartleby provides explanations to thousands of textbook problems written by our experts, many with advanced degrees!

Get Started

Chapter 4 Solutions

Show all chapter solutions add
Ch-4 P-1GICh-4 P-2GICh-4 P-3GICh-4 P-4GICh-4 P-5GICh-4 P-6GICh-4 P-7GICh-4 P-8GICh-4 P-9GICh-4 P-10GI
Ch-4 P-11GICh-4 P-12GICh-4 P-13GICh-4 P-14GICh-4 P-15GICh-4 P-16GICh-4 P-17GICh-4 P-18GICh-4 P-19GICh-4 P-20GICh-4 P-21GICh-4 P-22GICh-4 P-23GICh-4 P-24GICh-4 P-25GICh-4 P-26GICh-4 P-27GICh-4 P-28GICh-4 P-29GICh-4 P-30GICh-4 P-31GICh-4 P-32GICh-4 P-33GICh-4 P-34GICh-4 P-1MCCh-4 P-2MCCh-4 P-3MCCh-4 P-4MCCh-4 P-5MCCh-4 P-6MCCh-4 P-7MCCh-4 P-8MCCh-4 P-9MCCh-4 P-10MCCh-4 P-1RECh-4 P-2RECh-4 P-3RECh-4 P-4RECh-4 P-5RECh-4 P-6RECh-4 P-7RECh-4 P-8RECh-4 P-9RECh-4 P-10RECh-4 P-1ECh-4 P-2ECh-4 P-3ECh-4 P-4ECh-4 P-5ECh-4 P-6ECh-4 P-7ECh-4 P-8ECh-4 P-9ECh-4 P-10ECh-4 P-11ECh-4 P-12ECh-4 P-1PCh-4 P-2PCh-4 P-3PCh-4 P-4PCh-4 P-5PCh-4 P-6PCh-4 P-7PCh-4 P-8PCh-4 P-9PCh-4 P-10PCh-4 P-11PCh-4 P-12PCh-4 P-13PCh-4 P-14PCh-4 P-15PCh-4 P-16PCh-4 P-17PCh-4 P-18PCh-4 P-1CCh-4 P-2CCh-4 P-3CCh-4 P-4CCh-4 P-5CCh-4 P-6CCh-4 P-7CCh-4 P-8CCh-4 P-9C

Additional Business Solutions

Find more solutions based on key concepts

Show solutions add

Adjusting entry for accrued fees At the end of the current year, 59,500 of fees have been earned but have not b...

Financial And Managerial Accounting

Sales transactions Journalize the following merchandise transactions: a. Sold merchandise on account, 72,500 wi...

Accounting

Accrued vacation pay A business provides its employees with varying amounts of vacation per year, depending on ...

Corporate Financial Accounting

EMPLOYEE EARNINGS RECORD Marys Luxury Travel in Problem 8-9A keeps employee earnings records. Andrew Cole, empl...

College Accounting, Chapters 1-27

Kroger: Asset turnover ratio The Kroger Company, a national supermarket chain, reported the following data (in ...

Financial & Managerial Accounting

Use the following information for Brief Exercises 2-27 and 2-28: Morning Smiles Coffee Company manufactures Sto...

Managerial Accounting: The Cornerstone of Business Decision-Making

Explain the GFS backup technique. Is it used for sequential files or direct access techniques? Explain.

Accounting Information Systems

Prepare a journal entry on June 30 for the withdrawal of 11,500 by Dawn Pierce for personal use.

Financial Accounting

Why is productivity important?

Essentials of Economics (MindTap Course List)

Use online resources to work on this chapter's questions. Please note that website information changes over tim...

Fundamentals of Financial Management (MindTap Course List)

Why do economists pay more attention to national economies (for example, the U.S. or Canadian economies) than t...

ECON MACRO

Several electric utilities are providing customers with a choice of billing procedures. Customers can select a ...

Economics:

You win 100 in a basketball pool. You have a choice between spending the money now and putting it away for a ye...

Principles of Microeconomics (MindTap Course List)

(Role of Time in Demand) In many amusement parks, you pay an admission fee to the park but you do not need to p...

ECON: MICRO4 (New, Engaging Titles from 4LTR Press)

Which of the problems in the construction of the CPI might be illustrated by each of the following situations? ...

Principles of Economics (MindTap Course List)

When should a firm consider expanding from strictly domestic trade to international trade? When should it consi...

Foundations of Business (MindTap Course List)

A stock had a 12% return last year, a year when the overall stock market decline. Does this mean that the stock...

Fundamentals of Financial Management, Concise Edition (MindTap Course List)

As an administrator for a medium-sized hospital, you and the board of directors have decided to change to a dru...

Management, Loose-Leaf Version

J.D. Power and Associates surveys new automobile owners to learn about the quality of recently purchased vehicl...

STATISTICS F/BUSINESS+ECONOMICS-TEXT

The price of coffee rose sharply last month, while the quantity sold remained the same. Five people suggest var...

Principles of Macroeconomics (MindTap Course List)

The International Property Right Index scores countries based on the legal and political environment and how we...

Brief Principles of Macroeconomics (MindTap Course List)

Contrast the focus of marketing activities during the five eras of marketing history.

Contemporary Marketing

What factors distinguish the types of information required by strategic managers, by tactical managers, and by ...

Accounting Information Systems

Instant Messaging: Practicing Your Professional 1M Skills: Communication Technology Social Media Web Team. In t...

Essentials of Business Communication (MindTap Course List)

Explain the importance to marketing managers of current demographic trends

MKTG 12:STUDENT ED.-TEXT

(Welfare Cost of Monopoly) Explain why the welfare loss of a monopoly may be smaller or larger than the loss sh...

ECON MICRO

Mira Services Co. offers its services to individuals desiring to improve their personal images. After the accou...

Financial Accounting

Lease or sell Claxon Company owns a machine with a cost of 305,000 and accumulated depreciation of 65,000 that ...

Financial & Managerial Accounting

Indicate whether the following items in a bank reconciliation should be (1) added to the Cash account balance, ...

College Accounting (Book Only): A Career Approach

Average rate of returncost savings Midwest Fabricators Inc. is considering an investment in equipment that will...

Accounting (Text Only)

If you bought a share of common stock, you would probably expect to receive dividends plus an eventual capital ...

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)

The Commerce Department reported receiving the following applications for the Malcolm Baldrige National Quality...

Statistics for Business & Economics, Revised (MindTap Course List)

How are each of the following events likely to affect the value of the dollar relative to the euro? a. Interest...

Exploring Economics

CASH RECEIPTS JOURNAL Color Florists, a retail business, had the following cash receipts during January 20--. T...

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)

Describe how a special payroll bank account is useful in paying the wages and salaries of employees.

College Accounting (Book Only): A Career Approach

Can the following equation be used to find the value of a bond with N years to maturity that pays interest once...

Fundamentals of Financial Management (MindTap Course List)

In the Fraud and the Accounts Payable Function section, we described a fraud committed by Stanley and Phoebe an...

Pkg Acc Infor Systems MS VISIO CD

Holding other things constant, an increase in a nations interest rate reduces a. national saving and domestic i...

Principles of Macroeconomics (MindTap Course List)

As a way of curbing the unemployment rate, California has a shared-work compensation program. Under this progra...

PAYROLL ACCT.,2019 ED.(LL)-TEXT

Management is considering a $100,000 investmentin a project with a five-year life and no residualvalue. If the ...

Survey of Accounting (Accounting I)

Effects of errors on financial statements If the net income for the current year had been 196,400 in Exercise 3...

Corporate Financial Accounting

Insert semicolons, colons, and commas where needed, and delete them where they are unnecessary. Write correct i...

Bcom

Give an example to illustrate each of the following: (a) constant opportunity costs and (b) increasing opportun...

Microeconomics

Provide a list of companies that, based on your reading of recent articles in the popular press, fit into the c...

Purchasing and Supply Chain Management

Consider a fast-food restaurant where customers enter at a rate of 75 per hour, and three servers are working. ...

Practical Management Science

When using normal costing, how are jobs charged with overhead?

Cornerstones of Cost Management (Cornerstones Series)

In Exhibit 12, when the money supply increases from MS1 to MS2 the equilibrium interest rate a. remains unchang...

Economics For Today

In the simple quantity theory of money, what will lead to an increase in aggregate demand? In monetarism, what ...

Macroeconomics

Answer the following: a. If TVC = 80 and AVC = 4, then what does quantity (Q) equal? b. If total cost is 40 whe...

Economics (MindTap Course List)

bartleby
© bartleby 2019