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Question - On January 1, 2016, Alpha Corporation had 300,000 shares of common stock outstanding with a par value of $3 per share. On March 31, Alpha Corporation authorized a 10% stock dividend when the market value was $8 per share. Use this information to prepare the General Journal entry (without explanation) for March 31. If no entry is required then write "No Entry Required."
Silver Shades corporation disposes of a capital asset with an oringial cost of 115000 and accumulated depriciation of 62500 for a salvage price of 18000. Silver Shades tax rate is 30%. Calculate after tax cash inflow from the disposal of the capit..
adjusting entries are required at the end of the period to ensure that accrual accounting principles are applied.the
Prepare the necessary ledger accounts assuming that a separate set of books are maintained for the joint venture transactions
the product selected called chap-off is a lip balm that will be sold in a lipstick-type tube. the product will be sold
winners inc. manufactures womens boating shoes. manufacturing overhead is assigned to production on a machine-hour
Prepare a brief explanation of how the general ledger system works-that is, how it is used, and what information it provides.
revenue total 10200. expense total 7300. withdrawls total 2600. what is the balance on the income summary account prior
In this case, you are provided information regarding selling prices and costs of several products offered by Mendel Paper Company. In addition, management has concerns about sales mix and rising costs. Address the questions (1-5) at the end of th..
evaluate the probable causes of the ERP implementation failure and then create your own hypothesis as to why it failed. Assess the effects the failure had on consumers, stockholders, employees, and the company's image.
Determine the net present value of the investment, ignore taxes. Should the investment be undertaken? Why? Show all calculations and support your investment decision with calculations.
silas corporation had net income of 200000 and paid dividends to common stockholders of 40000 in 2011. the weighted
Assume all assets are operating assets; all current liabilities are operating liabilities.
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