Exercise 10.09 – Power Drive Corporation
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition and 06th Edition
Record each transaction associated with stock, dividends, etc.
Calculator Preview
Your numbers will vary.
Record each transaction associated with stock, dividends, etc.
Your numbers will vary.
Record dividend journal entries.
Your numbers will vary.
Given a list of transactions along with beginning balances… prepare the stockholders’ equity section of the balance sheet.
Your numbers will vary.
Indicate whether the transaction will increase, decrease, or will have no effect.
Prepare the stockholders’ equity section.
Your numbers will vary.
Calculate return on equity, return on market value, earnings per share, price-earnings ratio
Your numbers will vary.
Given data for two consecutive years… find the earnings per share and price-earnings ratio for both years.
Your numbers will vary.
Given account balances and transactions… record each transaction, record adjusting entries, prepare an adjusted trial balance, prepare an income statement, prepare a balance sheet, record closing entries, and lastly analyze company ratios.
Your numbers will vary.
Given a list of transactions regarding their shares of common stock, preferred stock, and treasury stock… record each entry while also determining the effect on the assets, liabilities, and stockholders’ equity.
Your numbers will vary.
Given a chart with information before either a 100% stock dividend or an 2-for-1 stock split… complete the chart.
Your numbers will vary.