Assignment: Corporations: Organizations & Stocks PowerPoint Create a 4-6 minute

Assignment:
Corporations: Organizations & Stocks PowerPoint
Create a 4-6 minute video of the PowerPoint that you create explaining the process of journalizing the problems in this module and the additional required summary. Review the rubric criteria for this assignment.
Upload your video to YouTube. Paste the link on a Word document and submit to the dropbox. Be sure to include a cover page.
Use Learning Materials and the Additional Resources of this module to assist you with the assignment. In a PowerPoint, complete the following activities.
From the following, calculate the dividend given to Preferred and Common stockholders (round to the nearest dollar if necessary) and complete the table below:
5% fully participating Preferred Stock; $250,000 Dividend declared; Preferred Stock has 1,700 shares with a $30 par value; Common Stock has 4,500 shares with a $60 par value. Use the four-step procedure for calculating dividends with cumulative, fully participating preferred stock.
Calculations
Total
Dividend
Preferred
Common
Left to Distribute
Total Par Value
Preferred
Common
Dividend Based
on Par Value
Preferred
Common
From the following, journalize the entries in the partially completed table below to record the stock subscription for Kings Forge Co.:
Kings Forge Co. on October 1 received a subscription for 750 shares of $50 par-value common stock stated at $95 per share. The buyer pays two equal installments on January 31 and April 30.
Date
Account
Dr.
Cr.
2020
Nov.
1
Subscriptions Receivable – Common Stock
Common Stock Subscribed
Paid-In Capital in Excess of Par Value –
Common Stock
Jan.
31
Cash
Subscriptions Receivable – Common
Stock
Apr.
30
Cash
Subscriptions Receivable – Common
Stock
30
Common Stock Subscribed
Common Stock
Pat Carroll owns Carroll’s Accounting Service. Her agenda for the day is to complete four different projects. Based on the following, help Pat complete the projects. Show the corresponding journal entries with calculations for each project.
Project 1: Journalize the following independent entries for Autumn Co. The company has authorized to have 35,000 shares of common stock. Autumn Co. issued 10,000 shares at $8 on June 30, 2022.
Common stock has a $4 par value.
Common stock has no par and no stated value.
Common stock is no par with a stated valued of $4.
Project 2: Jenkins Co. is paying dividends to common and preferred stock. The preferred stock is 5% fully participating. The board declared a $85,000 dividend. There are 3,000 preferred shares at $30 par and 6,000 common shares at $50 par. Calculate total dividends that are due to preferred and common stockholders.
Project 3: Record the appropriate journal entries to record the stock subscription for Rose Co.
On April 9, 2022, Rose Co. issued a stock subscription of 3,500 shares at $60 par value for common stock at $75 per share. On May 15, Rose recorded one-half of the installment. The remainder of the subscription was received on July 2.
Project 4: Prepare a Stockholders’ Equity section for Roger Co. on December 31, 2021.
Roger Co. began its business on January 1, 2021. It sold at $45 per share 6,000 shares of no-par common stock with a stated value of $20. Roger’s charter indicates 40,000 shares were authorized. Retained earnings were $55,000 on December 31.
Summary
Add a summary slide to the existing PowerPoint you have been working on describing
The article “For the last time: Stock options are an expense” in the Additional Materials section of this module.
You will record a 4-6 minute video of your PowerPoint as you explain the process of the journalizing that you did and explain highlights of the summary that you wrote.
Assignment Expectations
Length: 3-6 minute video describing the process of journalizing in this module; written PowerPoint of 500-750 words; answers must thoroughly address the questions in a clear, concise manner
Structure:
Title slide and reference slides in APA style. (at least 2 slides)
Journalizing: at least 3 slides
Summary: at least 2 slides
Additionally, because a good presentation has few words on the slides include a script with the verbiage you would say when presenting; script should be a minimum of 50 words per slide.
References: Use the appropriate APA style in-text citations and references for all resources utilized to answer the questions. Include at least one (1) scholarly citation to support your claims.