Business, 23.12.2021 09:50 rebeccacopley8307
The following is the stockholders' equity section of Jergens Corporation at Jan. 1, 2022 Preferred Stock ($80 par, 10%, cumulative, 100,000 shares authorized) $ 800,000 Common Stock ($5 par, 500,000 authorized) 750,000 Paid in Capital in Excess of Par-Common 1,900,000 Retained Earnings 1,200,000 Treasury Stock - Common (20,000 shares) (640,000) Total Stockholders' Equity $4,010,000 During 2022, the following transactions occurred: Feb 1 Purchase 5,000 shares of Treasury Stock (common) for $20 per share Mar.1 Issue 20,000 shares of Common Stock for $15 per share Jun. 1 Issue 1,000 shares of Preferred Stock for $85 per share Oct. 1 Declared the annual dividend on Preferred Stock Oct. 15 Declared a $0.20 per share cash dividend on Common Stock Dec. 31 Closed preferred and common dividends to Retained Earnings 1) Prepare the 2022 journal entries for the above transaction and 2) update the stockholders' equity section of the balance sheet as of December 31, 2022
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Business, 21.06.2019 20:40
Which of the following explains why the government sets a required reserve ratio for private banks? a. to allow the government to control the interest rate charged on loans. b. to prevent banks from printing too much money and causing inflation. c. to make sure banks don't run out of money when customers make withdrawals. d. to enable the regulation of risk levels in the decision process of offering loans. 2b2t
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Business, 23.06.2019 00:30
Suppose there is a 6 percent increase in the price of good x and a resulting 6 percent decrease in the quantity of x demanded. price elasticity of demand for x is a. 0 b. 6 c. 1 d. 36
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Business, 23.06.2019 01:30
Nba all-star baron davis and his school friend, cash warren, premiered their first movie "made in america" at the sundance festival in january 2008. the movie, based on gang activity in south central los angeles, received good reviews. source: the new york times, february 24, 2008 draw baron davis's ppf. label it ppfdavis. draw your own ppf. label it ppfmine.
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Business, 23.06.2019 02:00
Acompany sells garden hoses and uses the perpetual inventory system to account for its merchandise. the beginning balance of the inventory and its transactions during september were as follows:
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The following is the stockholders' equity section of Jergens Corporation at Jan. 1, 2022 Preferred S...
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