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  • Chelle Miller. Bus301.Chap16

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    BE16-1 Cash Discount on Bonds Payble Bonds Payable BE16-2 Bonds Payble 30,000.00 Common Stock 50,000.00 Additional paid-in Capital 1,920,000.00 BE16-4 Cash 2,040,000.00 Discounts on Bonds Payable 41,600.00 paid in capitalstock Warrents 81,600.00 BE16-7 1-jan-10 No Entry needed ### Compensation expense 750,000.00 paid in Capital Stock Options BE16-9 earnings per share BE16-10 1-jan Begin Balance 1-may issued 1-july purchased 1-oct issued

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    BE16-1 Cash Discount on Bonds Payble Bonds Payable BE16-2 Bonds Payble 30,000.00 Common Stock 50,000.00 Additional paid-in Capital 1,920,000.00 BE16-4 Cash 2,040,000.00 Discounts on Bonds Payable 41,600.00 paid in capitalstock Warrents 81,600.00 BE16-7 1-jan-10 No Entry needed ### Compensation expense 750,000.00 paid in Capital Stock Options BE16-9 earnings per share BE16-10 1-jan Begin Balance 1-may issued 1-july purchased 1-oct issued

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    12 views2 pages

    Chelle Miller. Bus301.Chap16

    Uploaded by

    Chelle Miller
    BE16-1 Cash Discount on Bonds Payble Bonds Payable BE16-2 Bonds Payble 30,000.00 Common Stock 50,000.00 Additional paid-in Capital 1,920,000.00 BE16-4 Cash 2,040,000.00 Discounts on Bonds Payable 41,600.00 paid in capitalstock Warrents 81,600.00 BE16-7 1-jan-10 No Entry needed ### Compensation expense 750,000.00 paid in Capital Stock Options BE16-9 earnings per share BE16-10 1-jan Begin Balance 1-may issued 1-july purchased 1-oct issued

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    of 2

    BE16-1

    Cash $ 3,960,000.00
    Discount on Bonds Payble $ 40,000.00
    Bonds Payable $ 4,000,000.00

    BE16-2
    Bonds Payble $ 2,000,000.00
    Discount on Bonds Payable $ 30,000.00
    Common Stock $ 50,000.00
    Additional paid-in Capital $ 1,920,000.00

    BE16-4
    Cash $ 2,040,000.00
    Discounts on Bonds Payable $ 41,600.00
    Bonds Payable $ 2,000,000.00
    Paid in Capital- Stock Warrents $ 81,600.00

    BE16-7
    1-Jan-10 No Entry needed
    31-Dec-10 Compensation expense $ 750,000.00
    Paid in Capital Stock Options $ 75,000.00
    31-Dec-11 Compensation expense $ 750,000.00
    Paid in Capital Stock Options $ 75,000.00

    BE16-9 800000
    earnings per share $ 3.20

    BE16-10
    1-Jan Begin Balance 120,000
    1-May Issued 60,000
    180,000
    1-Jul purchased 10,000
    170,000
    1-Oct issued 10,000
    170,000

    Jan1-May1 120,000 0.33 40000


    May1-Jul1 (issued) 180,000 0.17 30000
    Jul1-Oct1 (purchased) 170,000 0.25 42500
    Oct1-Dec1 (issued) 180,000 0.25 45000
    157500
    BE16-11
    a) Jan1-ma1 300,000 0.33 100000
    May1- Dec 330,000 0.67 220000
    320000
    BE16-13 Diluted EPS 170000
    55000
    $ 3.09

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