Business, 23.05.2020 21:59 ghaithalhamdani
The following accounts appear in the ledger of Oriole Company after the books are closed at December 31, 2020.
Common Stock, no par, $2 stated value, 393,000 shares authorized; 284,000 shares issued $ 568,000
Common Stock Dividends Distributable 25,000
Paid-in Capital in Excess of Stated Value—Common Stock 1,110,000
Preferred Stock, $5 par value, 8%, 38,000 shares authorized; 28,700 shares issued 143,500
Retained Earnings 758,000
Treasury Stock (13,800 common shares) 96,600
Paid-in Capital in Excess of Par—Preferred Stock 343,000
Accumulated Other Comprehensive Loss 34,500
Prepare the stockholders’ equity section at December 31, 2020, assuming retained earnings is restricted for plant expansion in the amount of $112,000. For capital stock first enter the preferred stock details.
Answers: 2
Business, 22.06.2019 09:00
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Business, 22.06.2019 19:40
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Business, 22.06.2019 19:50
Juan's investment portfolio was valued at $125,640 at the beginning of the year. during the year, juan received $603 in interest income and $298 in dividend income. juan also sold shares of stock and realized $1,459 in capital gains. juan's portfolio is valued at $142,608 at the end of the year. all income and realized gains were reinvested. no funds were contributed or withdrawn during the year. what is the amount of income juan must declare this year for income tax purposes?
Answers: 1
The following accounts appear in the ledger of Oriole Company after the books are closed at December...
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