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accounting ch 11

Terms in this set (14)

issuance of stock at par value
DR cash(#shares X market value)
CR c/s(#shares X par value)
CR APIC-C/S (difference)
issuance of stock at stated value
DR cash(#shares X market value)
CR c/s(#shares X stated value)
CR APIC-C/S (difference)
issuance of stock at no par or stated value
DR cash(#shares X market value)
CR C/S(#shares X market value)
issuance of stock- noncash
DR asset(fair value)
CR C/S(#shares X market value)
CR APIC-C/S(differnece)
cash dividend- date of declaration
DR dividends/RE
CR dividend payable
cash dividend- date of record
No JE
cash dividend- date of payment
DR dividends payable
CR cash
small stock dividend- date of declaration
DR stock dividend/RE(# shares X market value)
CR stock distributable(#shares X par value)
CR APIC (difference)
small stock dividend- date of payment
DR Stock dividend distributable
CR c/s
large stock dividend- date of declaration
DR stock dividend/RE(# shares X par value)
CR stock dividend distributable(# shares X par value)
large stock dividend- date of payment
DR Stock dividend distributable
CR c/s
treasury stock-date of purchase
DR treasury stock(#shares X purchase price)
CR cash(#shares X purchase price)
treasury stock-date of sale
DR cash (#shares X selling price)
CR Treasury stock (#shares X purchase price)
APIC-T/S(difference)
treasury stock-date of sale sold for less than purchase price
DR cash (#shares X selling price)
DR APIC-T/S(difference up to the balance in T/S account)
DR RE(difference not covered by APIC-T/S)
CR treasury stock(#shares X purchase price)
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