Business, 09.07.2019 23:30 colestout2993
On january 1, 2017, kimbel inc. had these stockholdersâ equity balances. common stock, $1 par (2,000,000 shares authorized, 600,000 shares issued and outstanding) $600,000 paid-in capital in excess of par value 1,500,000 retained earnings 700,000 accumulated other comprehensive income 60,000 during 2017, the following transactions and events occurred. 1. issued 50,000 shares of $1 par value common stock for $3 per share. 2. issued 60,000 shares of common stock for cash at $4 per share. 3. purchased 20,000 shares of common stock for the treasury at $3.80 per share. 4. declared and paid a cash dividend of $207,000. 5. earned net income of $410,000. 6. had other comprehensive income of $17,000. prepare the stockholdersâ equity section of the balance sheet at december 31, 2017.
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Dan wants to start a supermarket in his hometown, and wants to get into the business only after finding out about the market and how successful his business might be. the best way for dan to gain knowledge is to:
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The mayflower, a seafood restaurant, had the following liabilities by the end of 2015: accounts payable $60,000 wages payable $100,000 unearned revenue $125,000 (60% will be earned in 2016) notes payable $140,000 ($45,000 payable in 2016) what is the amount that the mayflower should report as total current liability on its balance sheet as of december 31, 2015?
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Management training programs, mentoring programs, and coaching systems are examples of
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On january 1, 2017, kimbel inc. had these stockholdersâ equity balances. common stock, $1 par (2,000...
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