subject
Business, 06.07.2019 13:00 carastudies1686

Which of the following is the journal entry to record the declaration of a stock dividend? a. debit common stock dividend distributable (number of shares × par value common stock); credit common stock (same) b. debit common stock dividend distributable (number of shares × market value common stock); credit common stock (same) c. debit retained earnings (market value × number of shares); credit common stock dividend distributable (number of shares × par value); credit paid-in capital in excess of par stock dividend (market value – par value) × number of shares d. debit common stock (number of shares × par value); credit cash

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 12:20
If jobs have been undercosted due to underallocation of manufacturing overhead, then cost of goods sold (cogs) is too low and which of the following corrections must be made? a. decrease cogs for double the amount of the underallocation b. increase cogs for double the amount of the underallocation c. decrease cogs for the amount of the underallocation d. increase cogs for the amount of the underallocation
Answers: 3
question
Business, 22.06.2019 12:50
Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?
Answers: 3
question
Business, 22.06.2019 17:40
Aproduct has a demand of 4000 units per year. ordering cost is $20, and holding cost is $4 per unit per year. the cost-minimizing solution for this product is to order: ? a. 200 units per order. b. all 4000 units at one time. c. every 20 days. d. 10 times per year. e. none of the above
Answers: 3
question
Business, 22.06.2019 20:40
Which of the following is true concerning the 5/5 lapse rule? a) the 5/5 lapse rule deems that a taxable gift has been made where a power to withdraw in excess of $5,000 or five percent of the trust assets is lapsed by the powerholder. b) the 5/5 lapse rule only comes into play with a single beneficiary trust. c) amounts that lapse under the 5/5 lapse rule qualify for the annual exclusion. d) gifts over the 5/5 lapse rule do not have to be disclosed on a gift tax return.
Answers: 1
You know the right answer?
Which of the following is the journal entry to record the declaration of a stock dividend? a. debit...
Questions
question
Mathematics, 02.04.2020 20:29
question
Spanish, 02.04.2020 20:29
question
Mathematics, 02.04.2020 20:29
question
Geography, 02.04.2020 20:30
question
Mathematics, 02.04.2020 20:30
Questions on the website: 13722359