9200378 NUR WARDINA MARDHIYYAH BT MAT AROF
1
TAMHIDI CENTER
TAMHIDI ACOUNTING AND MUAMALAT
_________________________________________________________________________
PRINCIPLES OF ACCOUNTING
TMA0104
SESSION 2020/2021
TUTORIAL TOPIC 9 : CHAPTER 11
REPORTING AND INTERPRETING STOCKHOLDERS’ EQUITY
NAME :
NUR WARDINA MARDHIYYAH BT MAT AROF
MATRICS ID :
9200378
TUTORIAL GROUP :
TTAC 2
PREPARED FOR :
MADAM HABIBAH BT MOHAMAD
9200378 NUR WARDINA MARDHIYYAH BT MAT AROF
E11-7
REQ. 1
Debit ($)
Credit ($)
Cash (50 000 units X $50)
2 500 000
Common Stock (50 000 units X $2)
100 000
Additional Paid-in Capital
2 400 000
Treasury Stock (2000 units X $52)
104 000
Cash
104 000
REQ. 2
Williamson Corporation
Partial Balance Sheet
STOCKHOLDERS’ EQUITY $
Common Stock 100 000
Additional Paid-in Capital 2 400 000
Retained Earning 200 000
Treasury Stock (104 000)
TOTAL STOCKHOLDERS’ EQUITY $ 2 596 000
Retained Earning (59 487 000) (68 804 000)
TOTAL STOCKHOLDERS’ EQUITY $ 109 969 902 $ 86 994 339