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Question

$8.00 Accounting for Issuing Stock and Dividends

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lindsey22
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Q:

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.

 

Requirements:
Review Pearson's transactions for 20XX in
the Excel Template below, then:




      1. Record the transactions in the journal.

       

        1. Prepare the statement of shareholders' equity for 20XX.
         
        attachement
        Attachments:
        Copy of assignment_mod_06_1.xlsx (13K)
         

        Available Tutorials to this Question
         
        $12.00
        PEARSON COMPANY: WITH DETAILED SOLUTIONS!!!
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        • Posted on May 06, 2012 at 9:15:11PM
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        A:
        Preview: ... attache ...
        The full tutorial is about 6 words long plus attachments.

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        Attachments:
        Pearson Company -Accounting.xlsx (18K)