Homework 2013(O complete) g transactions during 2016, the company\'s 10th year o

Question

Homework 2013(O complete) g transactions during 2016, the company's 10th year of operations: e accounting equation of Chocolate Cookies, Inc. ws? ms More Info pare Feb 3 Issued 14,000 shares of common stock ($1.00 par) for cash of $392,000 Mar 19 Purchased 2,900 shares of the company's own common stock at $20 per share Sold 2,400 shares of treasury common stock for $34 per share Apr Aug Sep Nov 24 15 Declared a cash dividend on the 14,000 shares of $0.20 no-par preferred stock 1 Paid the cash dividends Declared and distributed a 15% stock dividend on the 97,000 shares of $1.00 par common stock outstanding. The market value of the common stock was $25 per share 22 Print Done eck Answer Clear All D LL

Explanation / Answer

Date Assets = Liabilities + Stockholders equity Cash flows Feb.3 392,000 0 392,000 392,000 Mar.19 -58,000 -58,000 -58,000 Apr.24 81,600 81,600 81,600 Aug.15 0 2,800 -2,800 0 Sep.1 -2,800 -2,800 0 -2,800 Nov.22 0 0 0 0

Related Questions

Navigate

• Browse (All)
• Browse H
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.