Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Pr 13 4a entries for selected corporate transactions

14/10/2021 Client: muhammad11 Deadline: 2 Day

Morrow Enterprises Inc. - Stockholders Accounting

It is entries for selected corporate transactions. I have some of the questions answered already.
Morrow Enterprises Inc. manufactures bathroom fixtures. The stockholders' equity accounts of Morrow Enterprises Inc., with balances on January 1, 2014 are as follows;
Common Stock $20 stated value (500,000 shares authorized, 375,000 shares issued)......$7,500,000
Paid-in capital in excess of stated value (common stock)..............................................$825,000
Retained earnings..............................................................................................................$33,600,000
Treasury stock (25,000 shares at cost)......................................................................$450,000

The following selected transactions occurred during the year.
Jan 22. Paid cash dividends of $.08 per share on common stock. The dividend had been properly recorded when declared on Dec. 1 of the preceding fiscal year for $28,000.
April 10. Issued 75,000 shares of common stock for $24 per share
June 6. Sold all of the treasury stock for $26 per share
July 5. Declared a 4% stock dividend on common stock to be capitalized at the market price of the stock which is $25 per share.
Aug 15. Issued the certificates for the dividend declared on July 5.
Nov 23. Purchased 30,000 shares of treasury stock for $19 per share.
Dec 28. Declared a $.10 per share dividend on common stock.
Dec 31. Closed the credit balance of the income summary account, $1,125,000
Dec 31. Closed the two dividend accounts to Retained Earnings

Instructions:
1. Enter the January 1 balances in T accounts for the stockholders' equity accounts listed. Also prepare T accounts for the following; Paid-In capital from sale of treasury stock, Stock dividends distributable, Stock dividends, cash dividends.
2. Journalize the entries to record the transactions, and post to the eight selected accounts.
3. Prepare a retained earnings statement for the year ended December 31,2014.
4. Prepare the Steockholders equity section of the December 31,2014 balance sheet.

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Top Grade Tutor
Top Academic Guru
Math Exam Success
Top Essay Tutor
Engineering Help
Engineering Solutions
Writer Writer Name Offer Chat
Top Grade Tutor

ONLINE

Top Grade Tutor

I will be delighted to work on your project. As an experienced writer, I can provide you top quality, well researched, concise and error-free work within your provided deadline at very reasonable prices.

$39 Chat With Writer
Top Academic Guru

ONLINE

Top Academic Guru

I reckon that I can perfectly carry this project for you! I am a research writer and have been writing academic papers, business reports, plans, literature review, reports and others for the past 1 decade.

$20 Chat With Writer
Math Exam Success

ONLINE

Math Exam Success

I am a PhD writer with 10 years of experience. I will be delivering high-quality, plagiarism-free work to you in the minimum amount of time. Waiting for your message.

$29 Chat With Writer
Top Essay Tutor

ONLINE

Top Essay Tutor

I can assist you in plagiarism free writing as I have already done several related projects of writing. I have a master qualification with 5 years’ experience in; Essay Writing, Case Study Writing, Report Writing.

$45 Chat With Writer
Engineering Help

ONLINE

Engineering Help

I have worked on wide variety of research papers including; Analytical research paper, Argumentative research paper, Interpretative research, experimental research etc.

$17 Chat With Writer
Engineering Solutions

ONLINE

Engineering Solutions

This project is my strength and I can fulfill your requirements properly within your given deadline. I always give plagiarism-free work to my clients at very competitive prices.

$21 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Analyzing a poem worksheet i wandered lonely as a cloud - Vulnerable Populations - Possible sources of error in an experiment - S43a real property act - Intro to physics formula sheet - HR_STR (U2_RPL) - Deliverable 2 - Tutoring on the Normal Distribution - Duties of a class captain - Andi peters production company - What number is xix - Industrial engineering case study - Walden university mission statement - Ebay cost leadership - What is a special occasion speech - Mark berry royal holloway - My study group 101 excelsior - Autoimmune Brochure - Butan 1 ol ir spectrum - Disjunctive mandatory role constraint - Discussion boards IND 400 - Hydrogen peroxide and baking soda chemical equation - What did henry hess invent - Julia nielsen daughter of jerri nielsen - Cost volume profit analysis questions and answers doc - Financial statement analysis lessens the need for expert judgment - Community Health SLP 1 - What is the domain of a rational expression - Amazon sales and operations planning in supply chain integration - Our iceberg is melting discussion questions - Homework - How to calculate heat of neutralization - The curious researcher by bruce ballenger 7th edition - Customer service training manual ppt - Assignment - Fundamentals of Nursing - One page, MLA Format - Engineering in the water environment good practice guide - "Slide Designs and Visual Aides" - How to spot a witch by adam goodheart worksheet - U.S. Health Care Systems for Small Populations, Part 1 - Coal by audre lorde analysis prezi - Jesus you re the sweetest name of all chords - 3 person in english - Scientific and Mathematical/Analytical Perspectives of Inquiry Paper - Facebook ipo case study solution - Trader joe's harvard business case pdf - Respond to 2 Colleagues Wk 3 Assignment 1-2 paragraphs each Colleague - Health promotion teaching plan example - MARISSA JONES ONLY!!!! - Assigment 22222 fund - American public university apparel - East ocean restaurant set menu - Need expert in economics to answer and help me understand economics graphs - Journal article - Why did the zoot suit riots happen - Santa train leeming bar - Political lens of the us constitution - Chemical hazard symbols worksheet - Caged bird and free bird - Lean six sigma green belt - Suffering in crime and punishment - Texas government - Cotlook a index graph - Bus 311 week 5 final paper - Why are business transactions initially recorded in a journal - Direct or inverse variation - Advanced Law Enforcment - Cinahl database gcu - Discussion on Placement (Channels, Distribution, & Supply Chain) - Writting a Blog - Wk 1, HCS/341: Human Resources Management Roles - Accounting - Consultant's analysis report - Ato division 293 release authority form - Isaac royall and his family robert feke - Regular practices of the jains include - Togaf architecture definition document example - Sport obermeyer case study answers - Revised Project Proposal - North or south who killed reconstruction answers - Etihad airways graduate scheme - Loughborough urgent care centre - Novated lease luxury car tax limit - Target costing case study tata nano - Characteristics of the genre of fahrenheit 451 - The quantity of money demanded is the - Unit 5 DQ - Mere christianity in spanish - St michael's church alnwick - In the jailhouse now karaoke - Creating a perfect square trinomial - Cold cathode tube lighting - Master calendar uc davis - Walnut tree medical centre - Field ion microscopy ppt - DOC690 MOD 1 - The working poor summary by chapter - Bargaining mix in negotiation - Java recipe program - Privilege power and difference allan johnson pdf