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Question - On January 1, Blue Spruce Corp. had 61,100 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred.
Apr. 1 Issued 9,900 additional shares of common stock for $11 per share.
June 15 Declared a cash dividend of $1.70 per share to stockholders of record on June 30.
July 10 Paid the $1.70 cash dividend.
Dec. 1 Issued 4,400 additional shares of common stock for $11 per share.
Dec. 15 Declared a cash dividend on outstanding shares of $2.20 per share to stockholders of record on December 31.
Prepare the entries, if any, on each of the three dates that involved dividends.
haywood company sells a single product with a contribution margin of 5 per unit fixed costs of 74400 and sales for the
The company could increase its sales by 25% above the present 60,000 units each year, Calculate the incremental net operating income
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boxwell corporation purchased 60 percent of conway company on january 1 20x7 for a total of 277500. conway reported the
maggie sharrer a recent graduate of rollings accounting program evaluated the operating performance of poway companys
Prepare a differential analysis report, dated April 21 of the current year, on the proposal to sell at the special price.
At 12/31/12, the end of Jenner Company's first year of business, inventory was $4,100 and $2,800 at cost and market, respectively. Following is data relative to the 12/31/13 inventory of Jenner.
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The date of record is November 15, and the payment date is November 30, 2014. Provide the journal entry needed on November 30
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What are Lab Kennels, Inc. and Wolman Developer's realized and recognized gains or losses on the exchange? What are their deferred gains or losses
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