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Vincent Corp. has 100,000 share of $100 par common stock outstanding. On June 30, Vincent Corp declared a 5% stock dividend to be issued July 30 to stockholders of record July 15. The market price of the stock was $132 a share on June 30. JOURNALIZE the entries required on JUNE 30, JULY 15, & JULY 30.
russell preston delivers parts for several local auto parts stores. he charges clients 0.78 per mile driven. russell
1 general capital assets purchased or constructed with governemental fund resources are recorded in the governmental
The following cost card was found in the Inventory ledger for part AAA. Direct Materials $600, 20 hours of Direct Labor at $20 per hour $400, manufacturing overhead is applied at $15 per direct labor hour, one third of the overhead is fixed the re..
Evaluate how research and normative theory impacts accounting education today and the likely impact that more research may have on the accounting profession.
The company places raw materials orders 10 times per month, 2 times for raw materials for sweaters and the remainder for raw materials for jackets. How much of the order processing overhead should be allocated to jackets?
On December 31, 2011, Wellstone Company reported net income of $70,000 and sales of $210,000. The company also reported beginning and ending accounts receivable at $20,000 and $25,000, respectively. Wellstone will report cash collected from custom..
can a sole proprietorship be described as a passthrough entity?this year firm q a cash basis taxpayer remitted 26800 of
Why and how do you feel that the contemporary management technique selected would be a positive force in helping the company achieve its critical success factors?
in 2010 mordica co. issued 200000 of its 500000 authorized shares of 10 par value common stock at 35 per share. in
What is the unit cost of a cup of lemonade if he anticipates selling 5000 cups during the courses the summer?
which product or products should be sold at the spilt-off point and which product or products should be processed further ? show computations.
pisa inc. leased equipment from tower company under a four-year lease requiring equal annual payments of 86038 with the
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