Prepare the journal entries microsoft used to record

Assignment Help Accounting Basics
Reference no: EM131002300

Following is a recent Microsoft press release:

REDMOND, Wash.-September 18, 2009- Microsoft Corp. today announced that its board of directors declared a quarterly dividend of $0.13 per share. The dividend is payable December 10, 2009 to shareholders of record on November 19, 2009.

Prepare the journal entries Microsoft used to record the declaration and payment of the cash dividend for its 8,908 million shares.

Reference no: EM131002300

Questions Cloud

Determines the cost of treasury shares by the fifo method : Refer to the situation described in BE 18-9. By what amount will Cox's paid-in capital-share repurchase increase if it determines the cost of treasury shares by the FIFO method?
Problem regarding the result of the application : (1) Obtain the sample space of all possible outcomes. (2) De?ne a random variable X as the sum of numbers that show up on the two dice; obtain the new space V arising as a result of the application of this random variable.
Which surface is struck first in your frame of reference : Now, Emma directs her flashlights at the ceiling and floor of the freight car. The flashlights are located midway between the ceiling and the floor and Emma switches them on at the same time. In Emma's frame of reference, which surface, ceiling or..
Decide to make annual deposits into a savings account : Suppose that the parents of a young child decide to make annual deposits into a savings account, with the first deposit being made on the child’s 5th birthday and the last deposit being made on the 15th birthday. Then, starting on the child’s 18th bi..
Prepare the journal entries microsoft used to record : Prepare the journal entries Microsoft used to record the declaration and payment of the cash dividend for its 8,908 million shares.
To gain financial and managerial assistance : When an owner of a business uses real personal assets rather than borrowing funds from outside sources to get started in the new business, it is referred to as ____.  Angela, a fresh graduate, wants to start a boutique that sells tailor-made garments..
Psychological and behavioral traits and characteristics : Using these guidelines and THREE external resources, compare and contrast the psychological and behavioral traits and characteristics of violent killers and their victims
Proportion of the population : If the proportion of the population with this disease who are subjected to this test is θD , (i) In terms of the given parameters, determine the probability that the test result is correct. (Hint: ?rst compute the probability that the test resul..
Strategic considerations involved in economic relationships : It is often said that democracies will not go to war with one another. Do you think this is true? So, what impact do economic systems have on world peace? What are some strategic considerations involved in economic relationships with other countries?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd