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Using the same facts as in RE17-9, assume instead that Ruby declares and issues a 50% stock dividend when the stock is selling for $30 per share. Prepare the journal entry on the date of declaration to record Ruby Corporation's stock dividend.In RE17-9, Ruby Corporation declares and issues a 15% stock dividend. On the date of declaration, the stock is selling for $30 per share. Assuming that there were 50,000 shares previously outstanding, with a $10 par value, prepare the journal entry on the date of declaration to record Ruby Corporation's stock dividend.
Zeta Co. has outstanding 100,000 shares of $100 par value cumulative preferred stock which has a dividend rate of 6%. They have not declared any cash dividends on the stock in the last 3 years.
for each of the following transactions indicate whether operating o investing i or financing activities f are affected
not exactly sure how to fill this out. any help is appreciatedbell company a manufacturer of audio systems started its
Assume that Tracy Company uses a periodic inventory system and has these account balances: Purchases $437,200; Purchase Returns and Allowances $10,310; Purchase Discounts $8,120; and Freight-in $15,120.
the following information is available for maher manufacturing company. -- direct materials price standard is 3.25 per
amo company leased a machine on july 1 2010 under a 10-year lease. the economic life of the machine is estimated to be
calculating activity-based costing overhead ratesassume that manufacturing overhead for glassman company in the
larry the locksmith needed some long-term financing and arranged for a 200000 20-year mortgage loan on december 31
Justify the method of writing off the production-volume variance to the cost of goods sold, as compared to allocating the variance to work-in-process and finished goods inventories.
enron corporations 2001 third-quarter 10-q report disclosed the following transaction with ljm2 a nonconsolidated
Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. Additional accounts are: Depreciation Expense, Insurance Expense, Interest Payable, and Supplies Expense.
this is a special order problem that also requires that you use the high low method to estimate some cost function
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