$8.00 Accounting for Issuing Stock and Dividends
Pearson began 20XX with 30,000 $1 common shares issued and outstanding. Paid
in capital in excess of par was $25,000 and retained earnings were $175,000. Net
income for 20XXwas $22,000.
Review Pearson's transactions for 20XX in
the Excel Template below, then:
- Record the transactions in the journal.
- Prepare the statement of shareholders' equity for 20XX.
Copy of assignment_mod_06_1.xlsx (13K)
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- Posted on May 06, 2012 at 9:15:11PM
Pearson Company -Accounting.xlsx (18K)