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ACC 557 Week 7 Chapter 11 ( E11-7 , E11-13 , E11-17 , P11-3A )
E11-7 : Fallow Co . had the following transactions during the current period .
Journalize the transactions . ............
E11-13 : On January 1 , Chevon Corporation had 98,000 shares of nopar common stock issued and outstanding . The stock has a stated value of $ 4 per share . During the year , the following occurred . ............
Prepare the entries , if any , on each of the three dividend dates
E11-17 : On January 1 , 2014 , Richard Corporation had retained earnings of $ 550,000 . During the year , Richard had the following transactions ............
P11-3A : The stockholders ’ equity accounts of Terrell Corporation on January 1 , 2014 , were as follows . ............
During 2014 , the corporation had the following transactions and events pertaining to its stockholders ’ equity . No dividends were declared during the year . ............
a ) Journalize the transactions and the closing entry for net income . ............
b ) Enter the beginning balances in the accounts , and post the journal entries to the stockholders ’ equity accounts . ( Use J5 for the posting reference .) ............