Book Date Jan. 1 Apr. 2 June 30 Date ACCOUNT Retained Earnings Jan. June 30 1 Dec. 30 Dec. Item Balance 31 10,000 shares issued for cash Stock dividend Item Sale of common stock Cash dividend Stock dividend Item Balance Stock dividend Cash dividend Net income Print Item Debit 70,000 76,400 Debit Credit 280,000 30,000 Credit 478,100 If an amount is not reported on the statement of cash flows, leave the amount box blank. Section of Statement of Cash Flows Debit Debit Balance ACCOUNT NO. Credit 120,000 400,000 430,000 Balance Credit 664,000 594,000 517,600 995,700 Added or Deducted $ Amount
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- Reporting Stockholders' Equity Items on Statement of Cash Flows On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. There were no unpaid dividends at either the beginning or the end of the year. Account Common Stock, $20 par Account NO. Date Item Debit Credit Balance Debit Balance Credit Jan. 1 Balance, 60,000 shares 1,200,000 Apr. 2 15,000 shares issued for cash 300,000 1,500,000 June 30 2,0000-share stock dividend 40,000 1,540,000 Account Paid-In Capital in Excess of Par-Common Stock Account NO. Date Item Debit Credit Balance Debit Balance Credit Jan. 1 Balance 240,000 Apr. 2 15,000 shares issued for cash 495,000 735,000 June 30 Stock dividend 30,000 765,000 Account Retained Earnings Account NO. Date Item Debit Credit…Reporting Stockholders' Equity Items on Statement of Cash Flows On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. There were no unpaid dividends at either the beginning or the end of the year. ACCOUNT Common Stock, $15 par ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance, 50,000 shares 750,000 Аpг. 12,500 shares issued for cash 187,500 937,500 June 30 2,000-share stock dividend 30,000 967,500 ACCOUNT Paid-In Capital in Excess of Par-Common Stock ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. Balance 200,000 Apr. 2 12,500 shares issued for cash 362,500 562,500 June 30 Stock dividend 22,500 585,000 ACCOUNT Retained Earnings ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 623,000 June 30 Stock dividend 52,500 570,500 Dec. 30 Cash dividend 71,600 498,900 Dec. 31 Net income 448,600 947,500 If an amount is not reported on the…Reporting Stockholders' Equity Items on Statement of Cash Flows On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. There were no unpaid dividends at either the beginning or the end of the year. ACCOUNT Common Stock, $40 par ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance, 120,000 shares 4,800,000 Apr. 30,000 shares issued for cash 1,200,000 6,000,000 June 30 4,400-share stock dividend 176,000 6,176,000 ACCOUNT Paid-In Capital in Excess of Par-Common Stock ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. Balance 360,000 Apr. 30,000 shares issued for cash 720,000 1,080,000 June 30 Stock dividend 114,400 1,194,400 2. 1. 2.
- Reporting Stockholders' Equity Items on Statement of Cash Flows On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. There were no unpaid dividends at either the beginning or the end of the year. ACCOUNT Common Stock, $10 par ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance, 35,000 shares 350,000 Apr. 2 8, 750 shares issued for cash 87, 500 437,500 June 30 1,000 - share stock dividend 10,000 447, 500 ACCOUNT Paid - In Capital in Excess of Par - Common Stock ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 140,000 Apr. 2 8, 750 shares issued for cash 183,750 323, 750 June 30 Stock dividend 7,500 331, 250 ACCOUNT Retained Earnings ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 291, 000 June 30 Stock dividend 17,500 273,500 Dec. 30 Cash dividend 33,500 240,000 Dec. 31 Net income 209,500 449, 500 If an amount is not reported…Reporting Stockholders' Equity Items on Statement of Cash Flows On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. There were no unpaid dividends at either the beginning or the end of the year. ACCOUNT Common Stock, $10 par ACCOUNT NO. Balance Date Item Debit Credit Credit Jan. 1 Balance, 35,000 shares 350,000 Apr. 2 8,750 shares issued for cash 87,500 437,500 June 30 1,000-share stock dividend 10,000 447,500 ACCOUNT Paid-In Capital in Excess of Par-Common Stock ACCOUNT NO. Balance Date Item Debit Credit Balance 8,750 shares issued for cash 157,500 Stock dividend 7,500 Jan. 1 Apr. 2 June 30 Debit Debit Credit 140,000 297,500 305,000Reporting Stockholders' Equity Items on Statement of Cash Flows On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. There were no unpaid dividends at either the beginning or the end of the year. ACCOUNT Common Stock, $20 par ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance, 40,000 shares 800,000 Apr. 2 10,000 shares issued for cash 200,000 1,000,000 June 30 2,000-share stock dividend 40,000 1,040,000 ACCOUNT Paid-In Capital in Excess of Par-Common Stock ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 160,000 Apr. 2 10,000 shares issued for cash 280,000 440,000 June 30 Stock dividend 30,000 470,000 ACCOUNT Retained Earnings ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1…
- On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. There were no unpaid dividends at either the beginning or the end of the year. ACCOUNT Common Stock, $40 par ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance, 120,000 shares 4,800,000 Apr. 2 30,000 shares issued for cash 1,200,000 6,000,000 June 30 4,400-share stock dividend 176,000 6,176,000 ACCOUNT Paid-In Capital in Excess of Par-Common Stock ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 360,000 Apr. 2 30,000 shares issued for cash 720,000 1,080,000 June 30 Stock dividend 114,400 1,194,400 ACCOUNT Retained Earnings ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 2,000,000 June 30 Stock…On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. There were no unpaid dividends at either the beginning or the end of the year. Date Item Debit Credit BalanceDebit BalanceCredit January 1 Balance, 60,000 shares 300,000 April 2 15,000 shares issued for cash 75,000 375,000 June 30 2,000-share stock dividend 10,000 385,000 Date Item Debit Credit BalanceDebit BalanceCredit January 1 Balance 180,000 April 2 15,000 shares issued for cash 210,000 390,000 June 30 Stock dividend 7,500 397,500 Date Item Debit Credit BalanceDebit BalanceCredit January 1 Balance 249,000 June 30 Stock dividend 17,500 231,500 December 30 Cash dividend 28,600 202,900 December 31 Net income 179,300 382,200 If an amount is not reported on the statement of cash flows, enter in "0" in the Amount column. Item Section of Statement of…Compute the amount of liabilities for Company E at the beginning of the year. End of Year $ Assets Equity, beginning of year Add: Stock issuances Add: Net income 115,920 Less: Cash dividends Equity, end of year Beginning of Year Assets $ = = = 101,010 = $ $ $ Liabilities + 91,576 + 6,500 8,642 15,142 11,000 24,344 Liabilities 101,010 + + GA $ Equity 24,344 Equity
- Ratio of liabilities to stockholders’ equityThe following data were taken from Alvarado Company’s balance sheet: Dec. 31. 20Y4 Dec. 31, 20Y3 Total liabilities $4,085,000 $2,880,000 Total stockholders’ equity 4,300,000 3,600,000 a. Compute the ratio of liabilities to stockholders’ equity for each year.b. Has the creditor’s risk increased or decreased from December 31, 2013, to December 31,20Y4?From the following balance sheet of S Ltd as on 31st March, 2008 and 2009, prepare cash flow statement. ParticularsNote no. 31st March, 200831st March, 2009 I. Equity & Liabilities 1. Shareholder's Funds (a) Share Capital 400000700000 (b) Reserve & Surplus (bal. in statement of profit & loss) -50000-320000 2. Non-current Liabilities Long-term Borrowings (9% debentures) 200000400000 3. Current Liabilities (a)Trade Payables (creditors) 110000150000 (b)Other Current Liabilities (expenses) 1000020000 Total 670000950000 II. Assets 1. Non-current Assets (a) Fixed Assets 300000500000 (b) Non-current Investments 200000140000 2. Current Assets (a)Inventories (stock) 50000100000 (b)Trade Receivables (Debtors) 100000170000 (c) Cash & Cash Equivalents 2000040000 Total 670000950000 Additional InformationI. Included in fixed assets was a piece of machinery costing Rs 70,000 on which depreciation charged was Rs 40,000 and it was sold for Rs 30,000.II. During the year,…On the basis of the following stockholders' equity accounts, indicate the items, exclusive of net income, to be reported on the statement of cash flows. There were no unpaid dividends at either the beginning or the end of the year. ACCOUNT Common Stock, $5 par ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance, 60,000 shares 300,000 Apr. 2 15,000 shares issued for cash 75,000 375,000 June 30 2,000-share stock dividend 10,000 385,000 ACCOUNT Paid-In Capital in Excess of Par-Common Stock ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 180,000 Apr. 2 15,000 shares issued for cash 255,000 435,000 June 30 Stock dividend 7,500 442,500 ACCOUNT Retained Earnings ACCOUNT NO. Balance Date Item Debit Credit Debit Credit Jan. 1 Balance 249,000 June 30 Stock dividend 17,500…