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Other Fields Homework Help Accounting Topic started by: Tomm on Nov 10, 2017



Title: Following is the shareholders' equity section of the balance sheet of the Everslim ...
Post by: Tomm on Nov 10, 2017
Following is the shareholders' equity section of the balance sheet of the Everslim Corporation:

Share capital:
Common shares, 100,000 shares authorized,
   65,000 shares issued    $650,000
   Total share capital   $650,000
Retained earnings    349,000
   Total shareholders' equity   $999,000

The common shares are currently selling for $15.50 per share.

The balance in the Common Shares account after the distribution of a 15% common stock dividend is:
A) $650,000
B) $747,500
C) $801,125
D) $1,150,125


Title: Re: Following is the shareholders' equity section of the balance sheet of the Everslim ...
Post by: Alexmosuthe on Nov 10, 2017
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Title: Re: Following is the shareholders' equity section of the balance sheet of the Everslim ...
Post by: anmol sidhu on Apr 9, 2020
Thank you


Title: Re: Following is the shareholders' equity section of the balance sheet of the Everslim ...
Post by: Amy Nguyen on Jun 29, 2020
thank you


Title: Re: Following is the shareholders' equity section of the balance sheet of the Everslim ...
Post by: Khushi Malik on Jun 30, 2020
Ohh, very helpful!


Title: Re: Following is the shareholders' equity section of the balance sheet of the Everslim ...
Post by: Big Chungus on Jul 28, 2021
thank