Exercise 10.10 – Colorado Outfitters, Inc.
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition and 06th Edition
Record dividend journal entries.
Record dividend journal entries.
Given a list of transactions along with beginning balances… prepare the stockholders’ equity section of the balance sheet.
Indicate whether the transaction will increase, decrease, or will have no effect.
Prepare the stockholders’ equity section.
Calculate return on equity, return on market value, earnings per share, price-earnings ratio
Given data for two consecutive years… find the earnings per share and price-earnings ratio for both years.
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.
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.
Given a chart with information before either a 100% stock dividend or an 2-for-1 stock split… complete the chart.
Given a chart with information before either a 100% stock dividend or a 2-for-1 stock split… complete the chart.