Intermediate Accounting 14e, Chapter 15 Solutions精编.pdfVIP

CHAPTER 15 Stockholders’ Equity SOLUTIONS TO BRIEF EXERCISES BRIEF EXERCISE 15-1 Cash 4,500 Common Stock (300 X $10) 3,000 Paid-in Capital in Excess of Par— Common Stock 1,500 BRIEF EXERCISE 15-2 (a) Cash 8,200 Common Stock 8,200 (b) Cash 8,200 Common Stock (600 X $2) 1,200 Paid-in Capital in Excess of Stated Value— Common Stock 7,000 BRIEF EXERCISE 15-3 WILCO CORPORATION Stockholders’ Equity December 31, 2012 Common stock, $5 par value $ 510,000 Paid-in capital in excess of par—common stock 1,320,000 Total paid-in capital 1,830,000 Retained earnings 2,340,000 4,170,000 Less: Treasury stock 90,000 Total stockholders’ equity $4,080,000 Copyright © 2011 John Wiley Sons, Inc. Kieso, Intermediate Accounting, 14/e, Solutions Manual (For Instructor Use Only) 15-1 BRIEF EXERCISE 15-4 Cash 13,500 Preferred Stock (100 X $50) 5,000 Paid-in Capital in Excess of Par— Preferred Stock 3,100 Common Stock (300 X $10) 3,000 Paid-in Capital in Excess of Par— Common Stock 2,400 FV of common (300 X $20) $ 6,000 FV of preferred (100 X $90) 9,000 Total FV $15,000 $6,000 Allocated to common X $13,500 = $ 5,400 $15,000