Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Salisbury Corporation formed a corporation on January 3, 2016, and is authorized to issue 500,000 shares of $10 par value common stock. The company has the following stock transactions. Journalize the following transactions for Salisbury Corporation: 1/10/2016 - Issued 200,000 shares of stock at $16 per share. 1/25/2016 - The law firm that helped the company incorporate and file all forms for the stock issue accepts 1,000 shares of newly issued stock in lieu of cash for its legal bill rendered. The amount of the legal bill was $20,000. 6/10/2016 - Salisbury Corporation declares a 50 cent per share dividend payable July 15 to shareholders of record as of June 30, 2016. 6/30/2016 - The record date for the dividend declared on June 10. 7/15/2016 - The dividend declared on June 10 is paid. 9/15/2016 - Salisbury Corporation declares a 10% stock dividend payable on September 30 to shareholders of record as of September 20. The market value of the stock was $15 immediately prior to the declaration of the stock dividend. 9/30/2016 - The stock dividend declared on September 15 is paid. 10/15/2016 - Salisbury Corporation buys 5,000 shares of its own stock on the open market for $18 per share. 12/18/2016 - Salisbury Corporation resells 2,000 shares of the treasury stock for $20 per share.
Your colleague is infatuated with a woman whom you know to be promiscuous. Since this colleague is also a close friend, you are concerned about his/her welfare.
wilkins inc. has two types of handbags standard and custom. the controller has decided to use a plantwide overhead rate
mel o conner owns rental properties in mighigan. each property has a manager who collects rent arranges for repairs and
Prepare a table to allocate the lump-sum purchase price to the separate assets purchased.Prepare the journal entry to record the purchase.Compute the depreciation expense for year 2013 on the building using the straight-line method, assuming a 15-yea..
Suppose that management believes that a $24,000 increase in the monthly advertising expense will result in a considerable increase in sales. Sales must increase by how much to justify this additional expenditure?
in 2011 jeffrey company disposed of a segment of its business and incurred a pretax loss on the disposal of 40000. in
a how much net income does the company earn from each dollar of sales?b is the company financed primarily by debt or
Health care facilities are unique and have clearly defined characteristics based on the needs of the facility or population being served. Poor design may lead to staff, visitor, or patient stress. In large facilities, inability to find a departmen..
warsaw products has a factory machine with a book value of 90000 and a remaining useful life of 4 years. a new machine
using activity analysis arnoldson company has identified the appropriate cost driver for maintenance costs in a factory
1. sidney is in the process this year of constructing a new office building for her business and has learned that
At the end of the current month 8,200 units were started but were not completed in the Mixing Department. The units were 90% complete with respect to material, but conversion was only 20% complete.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd