subject
Business, 04.03.2021 23:10 ghollins

Inge Co. had the following accounts (among others) in its general ledger at December 31, 2020: Bonds payable, 8%,. due in 5 years ………………………………… $ 80,000 Premium on bonds payable …………………………………………. 8,000 Additional paid-in capital, preferred stock …………………………. 17,600 Net gain on foreign currency translation …………………………… 41,000 Cash dividend payable, common stock ……………………………. 9,000 Stock dividend distributable, common stock ………………………. 10,000 Sinking fund …………………………………………………………… 37,000 Additional paid-in capital, common stock ………………………….. 32,400 Net actuarial loss on pension obligation …………………………… 11,000 Investment in U. S. Treasury notes …………………………………. 24,000 Treasury stock, common stock, at cost of $100 per share ………. 60,000 Preferred stock, $10 par value, 6%, 100,000 shares authorized, ? shares issued, ? shares outstanding ………….. 200,000 Reserve for sinking fund …………………………………………….. 37,000 Retained earnings, unappropriated ………………………………… 263,000 Common stock, $ ? stated value, ? shares issued, 24,400 shares outstanding … 100,000 Using the applicable information from the above listing, prepare a statement of shareholders’ equity for Inge Co., as of December 31, 2020.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 00:30
How did lani lazzari show her investors she was a good investment? (site 1)
Answers: 3
question
Business, 22.06.2019 07:30
Jewelry manufacturers produce a range of products such as rings, necklaces, bracelets, and brooches. what fundamental economic question are they addressing by offering this range of items?
Answers: 3
question
Business, 22.06.2019 08:30
Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?
Answers: 2
question
Business, 22.06.2019 12:10
Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%
Answers: 1
You know the right answer?
Inge Co. had the following accounts (among others) in its general ledger at December 31, 2020: Bonds...
Questions
question
English, 03.02.2021 15:50
question
Social Studies, 03.02.2021 15:50
question
Mathematics, 03.02.2021 15:50
question
Mathematics, 03.02.2021 15:50
question
Mathematics, 03.02.2021 15:50
Questions on the website: 13722367