In january 6 dee-light corporation issued for cash 17200

Assignment Help Accounting Basics
Reference no: EM13567876

In January 6, Dee-Light Corporation issued for cash 17,200 shares of $1 par value common stock at $30 per share. On May 10, Dee-Light issued at par 6,000 shares of preferred 5% stock, $20 par for cash. On June 22, Dee-Light issued for cash 26,800 shares of 5%, $25 par value preferred stock at $31 per share. Determine the amount of cash that Dee-Light will receive from each of these stock issuances.

Issue Date Cash Received

January 6 $

May 10 $

June 22 $

Reference no: EM13567876

Questions Cloud

Each unit requires 3sq ft of material that costs 110 per : part a projected sales for the month of january are 1200 units and february is expected to sell 1400 each unit is
The following income statement and information about : the following income statement and information about changes in noncash current assets and current liabilities are
How should southwestern report each of these three assets : southwestern corporation operates throughout texas buying and selling widgets. to expand into more profitable markets
Discuss the purpose of marshaling of assets what are the : discuss the purpose of marshaling of assets. what are the provisions that must be complied wiyh in a marshaling of
In january 6 dee-light corporation issued for cash 17200 : in january 6 dee-light corporation issued for cash 17200 shares of 1 par value common stock at 30 per share. on may 10
If you answer questions 1 amp 2 you will not receive points : if you answer questions 1 amp 2 you will not receive points. only need answers to questions 4 and 5. i will report
Assume variable costs and fixed costs were to change as in : 1. noreen company sells umbrellas that retail for 40. noreens variable costs are 40 of sales fixed costs are
What should be the required initial investment at the : a on january 1 2012 fishbone corporation sold a building that cost 271800 and that had accumulated depreciation of
Employees are a part of the cash disbursements cycle why is : employees are a part of the cash disbursements cycle. why is it important that a company have all of its employees in

Reviews

Write a Review

Accounting Basics Questions & Answers

  Below are the adjusted accoutns of jims electrical service

below are the adjusted accoutns of jims electrical service for the month ended may 31 2013accts. payable 600accts. rec.

  Accounting treatment of the depletion and depreciation

Discuss the accounting treatment of the depletion and depreciation on the mine and mining equipment.

  A firm issues periodic reports called?

A firm issues periodic reports called? a. financial statements.

  Illustrate the differences between the financial and

you have been asked to discuss the role of the financial accountants and managerial accountants functions in

  Explain the difference between revenue expenditures and

what is the difference between revenue expenditures and capital expenditures during a useful life? are there

  Assume the role of an internal auditor

Assume the role of an internal auditor who has been asked to identify a minimum of threehigh quality propositions that management can implement to establish a tone at the top that conveys a commitment to integrity and ethical values.

  From e-activity measure two different software packages and

you are part of a project management team evaluating accounting software packages that could be used by samps i.e. the

  Preparing a trial balance-accounts in the ledger

Record each transaction in journal form and post to the appropriate accounts in the ledger. Prepare a Trial Balance for January 31, 2008.

  A resident adviser ra in the college dormitory

LO.2 Joe is a graduate student who works as a resident adviser (RA) in the college dormitory. As compensation for serving as an RA, he is not charged the $2,200 other students pay for their dormitory rooms for the fall 2012 semester

  Journal entries for the original purchase

On February 12, 6, 000 shares of Lucas Company are acquired at a price of $22 per share plus a $240 brokerage fee. Prepare the journal entries for the original purchase, dividend and sale.

  What would be the necessary journal entry

On December 31, 2007, Drew Company issued $170,000, five-year bonds for $155,000. The stated rate of interest was 6 percent and interest is paid annually on December 31. What would be the necessary journal entry?

  Technology company which operates a chain of 30 electronics

technology company which operates a chain of 30 electronics supply stores has just completed its fourth year of

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd