### Balance sheet accounts of wickham corporation

Assignment Help Accounting Basics
##### Reference no: EM13120375

The following data were taken from the balance sheet accounts of Wickham Corporation on December 31, 2012.

Current assets: 540,000
Debt investments: 624,000
common stock (par value \$10): 600,000
paid in capital in excess of par-common stock: 150,000
retained earnings: 840,000

Prepare the required journal entries for the following unrelated items:

(a) a 5% stock dividend is declared and distributed at a time when the market price is \$39 per share.

(b) the par value of the capital stock is reduced to \$2 witha 5-for-1 stock split.

(c) a dividend is declared January 5, 2013, and paid January 25, 2013 in bonds held as an investment. The bonds have a book value of \$90,000 and a fair value of \$125,000.

#### Questions Cloud

 Find what is the probability that the number of calls : A company uniformly receives 20 phone calls from 9am -7 pm What is the probability that the number of calls between 12 :00 and 1:00 will be: Illustrate what is the acceleration of the object : The coefficients of static and kinetic friction between a 67 kg box and a horizontal surface are 0.56 and 0.32, respectively. Illustrate what is the acceleration of the object if a 335 N horizontal force is applied to the box? Determine closed-form expression of the cross-correlation : Compute and plot the correlation sequences r s1s2 (l), r s0s0 (l), r s1s0 (l) and r s2s0 (l) . Compute and plot the cross-correlation sequences and of the received signal with the template signals and s 2 (n). Find important information about probability and statistics : Important information about Probability and Statistics Find the probability distribution of the value x. mean , variance and standard derivation Balance sheet accounts of wickham corporation : The following data were taken from the balance sheet accounts of Wickham Corporation on December 31, 2012. Expression for total revenue function : The relationship d = 5000 - 25p describes what happens to demand (d) as price (p) varies. The price can vary between \$10 and \$50. What is the mathematical expression for total revenue (TRV). What is the probability that a completely unprepared : What is the probability that a completely unprepared student answers correctly. Solution to "Binomial Distribution" question Predict the lean mass for a person : The person's body fat percentage, and ‘y' is the person's lean mass percentage. Predict the lean mass for a person who is 27 years old and has a body fat percentage of 4.5%. Writing mathematical expression for total profit : There is a fixed cost of \$50,000 to start a production process. Once the process has begun, the variable cost per unit is \$25. The revenue per unit is projected to be \$45. Write a mathematical expression for total profit.

### Write a Review

#### How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

#### Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

#### Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

#### Theory of interest - term structure of interest rates

Term Structure of Interest Rates

#### Write a report on internal controls

Write a report on Internal Controls

#### Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

#### Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

#### Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

#### Liquidity and profitability

Distinguish between liquidity and profitability.

#### What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

#### Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

#### Capm and venture capital

CAPM and Venture Capital