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Dossett Company had the following transactions pertaining to stock investments. Feb. 1 Purchased 600 shares of Goetz common stock (2%) for $6,000 cash, plus brokerage fees of $200. July 1 Received cash dividends of $1 per share on Goetz common stock. Sept 1 Sold 300 shares of Goetz common stock for $4,400, less brokerage fees of $100. Dec. 1 Received cash dividends of $1 per share on Goetz common stock.
(a) Journalize the transactions.
(b) Explain how dividend revenue and the gain (loss) on sale should be reported in the income statement.
The density of potassium, which has the BBC structure and one atom per lattice point, is 0.855 g/cm3. The atomic weight of the potassium is 39.09 g/mol. Calculate the lattice parameter and the atomic radius of potassium.
Carbon dioxide is heated in a constant pressure process from 15C and 101.3kPa to 86C Determine per unit mass the changes in:internal energy,volume
Write the structure of the product formed by treating montelukast with one equivalent of sodium hydroxide. Write the structure of the product formed by treating montelukast with one equivalent of HCl.
Suppose Fuzzy, a quantum-mechanical duck, lives in a world in which h = 2?J · s. Fuzzy has a mass of 2.05 kg and is initially known to be within a pond 1.00 m wide. What is the minimum uncertainty in the duck's speed
Two methods were used to analyze the amount of Au in gold ore. A normal fire assay of 8 samples indicated of 15.6, where s=0.5 oz./ton of ore. The 10 more sample were dissolved in aqua regia and tests using AA spectroscopy. The results were 16.35 ..
A room with 3.0-m high ceilings has a metal plate on the floorwith V=0V and a separate metal plate on the ceiling. How high does the ball go if the ceiling voltage is 3.0*10^6 V
Calculate the volume (in L) of ethylene glycol in a radiator that contains 2170 g ethylene glycol. (The density of ethylene glycol is 1.11 g/ml.)
Two heat reservoirs at temperatures 165°C and 60°C, respectively, are brought into thermal contact, find the change in the entropy of the two-reservoir system
Being a super Packer fan's wife, this assignment involves the use of the Green Bay Packer logo. Any die-hard Minnesota fans are welcome to use the Viking's logo instead.
When .422 g of phosphorus is burned, .967 g of white oxide is obtained. Determine the empirical formula of the oxide
Vince's Pizza delivers pizzas to dormitories and apartments near a major state university. The company's annual fixed costs are $48,000. The sales price averages $9, and it costs the firm $3 to make and deliver each pizza.
Crockett Company uses a job costing system and had a beginning work in process inventory balance of $33,200. During the year, $57,000 of direct materials was placed into production.
Prepare the journal entries to record the transaction on the books of Berry Corporation at December 31, 2011. (Assume that the effective interest method is used. Use the interest tables below and round to the nearest dollar.)
custom auto parts manufactures parts to order for antique cars. custom auto parts makes everything from fenders to
What are some implications of currency depreciation, devaluation, and appreciation for the US Dollar compared to a foreign currency? How does a strong U.S. dollar affect the balance of trade for USA? Why?
nbspgco rents dvds and dvd players players on a short term basis to airline passengers through nbsplocations at every
a what is the amount of the payments that ned winslow must make at the end of each of 9 years to accumulate a fund of
Why might managers seeking a monthly bonus on attaining a target operating income prefer the sales method of accounting for byproducts rather than the production method?
internal control elements vary in their design and application under the manual systems versus the electronic systems.
Interest. A company issues a $300,000, 10 percent, 20-year bond. The tax rate is 40 percent. What is the after-tax semiannual interest dollar amount?
company p owns 80 of company s. on january 1 20x3 company s has outstanding 6 bonds with a face value of 200000 and an
which of the following accounts would not appear on a balance sheet?equipmentinterest payableinterest revenueretained
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