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On August 26, 20x5, Via Linda Corporation's board of directors declared a 2 percent stock dividend applicable to the outstanding shares of its $5 par value common stock, of which 150,000 shares are authorized, 130,000 are issued, and 10,000 are held in the treasury. The stock dividend was distributable on September 25 to stockholders of record on September 10. On August 26, the market value of the common stock was $12 per share. On November 26, the board of directors declared a $0.20 per share cash dividend. No other stock transactions have occurred. Record the transactions on August 26, September 10, September 25, and November 26. Make the December 31 entry to close Dividends and Stock Dividends to Retained Earnings.
sales price 12.19 per unitvariable costs 5.22 per unitfixed costs 55470units sold 10087what is the effect on net income
miyamoto jewelers is considering a special order for 10 handcrafted gold bracelets to be given as gifts to members of a
for the past several years kelly pitney has operated a part-time consulting business from her home. as of april 1 2006
sherwin company makes bicycles. various divisions make components and transfer them to the dayton division for assembly
Adani Inc. sells goods to Geo Company for $11,000 on January 2, 2012, with payment due in 12 months. The fair value of the goods at the date of sale is $10,000. Prepare the journal entry to record this transaction on January 2, 2012. How much t..
last year sales were 140000 net operating income was 65000 and average operating assets were 300000. if sales next
james inc. is a computer software consulting company. its three major functional areas are computer programming
as of december 30 2009 robin corporation a calendar year taxpayer has gross income from operations of 497000 expenses
xyz corporation has eight industry segments with sales operating profit and loss and identifiable assets at and for the
the rite-way plumbing co. began business march 1 2008 in sarasota. its business address is 124 division lane sarasota
timmer bachman founded the bachman corporation over 25 years ago. the companys genesis was the unique climbing
Primary Task Response: Within the Discussion Board area, write 300-400 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and..
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