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Question - A corporation declared and issued a 15 % stock dividend on october 15.The following up-to date information was available immediately prior to the dividend:
Retained earnings: 750,000
Shares issued and outstanding 60,000
Market value per share: 15
Par value per share: 5
The amount that total stockholder's equity will increase (decrease) as a result of recording this stock dividend is:
a) $(90.000)
b) $135.000
c) $45.000
d) $0
Amit purchased two assets during the current year. Calculate the maximum depreciation expense
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Determine the direct materials price variance, assuming that all materials costs are the responsibility of the materials purchasing manager
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Prepare a bank reconciliation at July 31, 2017. Journalize the adjusting entries at July 31 on the books of Lance Company.
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