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The following data were taken from the balance sheet accounts of Wickham Corporation on December 31, 2010. Prepare the required journal entries for the following unrelated items.
(a) A 5% stock dividend is declared and distributed at a time when the market value of the shares is$39 per share
(b) The par value of the capital stock is reduced to $2 with a 5-for-1 stock split.
(c) A dividend is declared January 5, 2011, and paid January 25, 2011, in bonds held as an investment. The bonds have a book value of $90,000 and a fair value of$125,000.
when mary potts arrived at her store on the morning of january 29 she found empty shelves and display racks thieves had
Refer to the following breakdown of responses to a survey of "Are you concerned about being tracked while connected to the Internet"?
slagle corporation is a large manufacturing organization. over the past several years it has obtained an important
the charter of a corporation provides for the issuance of 100000 shares of common stock. assume that 45000 shares were
What is the amount of Mr. Dennis' basis in the machine?
preble company manufactures one product. its variable manufacturing overhead is applied to production based on direct
Compare and contrast permutations and distinguishable permutations. Provide a formula for each. State the fundamental counting principle and explain it in your own words.
Comp-XM is familiar, yet different from your experience in Capstone or Foundation. You are the CEO. You will be making decisions on your own; you will not be a member of a team. Like Capstone, Comp-XM uses a spreadsheet and a web interface.
You determine that $104,000 of the current and accumulated earnings and profits for the year is required for the reasonable needs of the business. The allowable accumulated earnings credit for the year is?
The two basic components of organization are selection and arrangement.
Prepare the adjusting entry (if any) for 2008, assuming the securities are classified as available-for-sale.
Bella Vista’s U.S. Division reported sales of $300,000-The economic value added of the U.S. Division is
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