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problem: On January 1, 2008, Dolan Corporation had 60,000 shares of $1 par value common stock issued & outstanding. During the year, following transactions occurred: Mar. 1 Issued 20,000 shares of common stock for $400,000. June. 1 Declared a cash dividend of $2.00 per share to stockholders of record on June 15. June 30 Paid the $2.00 cash dividend. Dec. 1 Purchased 4,000 shares of common stock for the treasury for $22 per share. Dec. 15 Declared a cash dividend on outstanding shares of $2.25 per share to stockholders of record on December 31.
on january 1 2008 moore company purchased equipment for 16000. moore uses straight-line depreciation and estimates a
Audit evidence than traditional sampling techniques?
the contribution margin ratio is 30 for the honeyville company and the break-even point in sales is 150000. if the
The information below relates to Milton Company's trading securities in 2010 and 2011. (a) Prepare the journal entries for the following transactions.
the soccer club decided to sell coupon books as a fund-raising activity. the books allow users to enjoy restaurants
contract was for 160000 the engineers did extra work that put the company 16000 over budget they are billed through
Discuss cash dividends and stock dividends. How is each recorded? When each is issued, what is the affect may it have on assets, liabilities and owner's equity?
poole corporation has collected the following information after its first year of sales. net sales were 2000000 on
Compute Hanson weighted
which of the following is a true statement? revenue accounts are a subset of assets and expense accounts are a subset
Compute the budgeted profit at the expected volume of 600,000 units under both the old and the new production environments.
pablo management has six part-time employees each of whom earns 220 per day. they are normally paid on fridays for work
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