Comprehensive expense statement-retained earnings statement

Assignment Help Financial Accounting

Reference no: EM13864625

For the first quarter of 2017, Kabak Industries paid a dividend of $500,000 to stockholders. The accountants at Kabak should record this distribution on the

a) comprehensive expense statement.

b) balance sheet.

c) income statement.

d) retained earnings statement.

Reference no: EM13864625

Questions Cloud

Shareholder basis differ from partner and partnership : How does the basis calculation of an S corporation shareholder basis differ from a partner and a partnership? Discuss any recent developments (within the last 36 months) in the calculation of the S corporation shareholder’s basis.

Practice building effective measurement questions : 1.The purpose of this assignment is to practice building effective measurement questions. You will build these types of questions in Module 05 that will become part of your final course project, so this is a good time to find out how it is done.

Analyze how language functions in the video power of words : Analyze how language functions in the video "Power of Words." What makes this video so effective in illustrating the various functions of language?

What was the dilemma for denny : Watching the video "Whistle-blowing- What was the dilemma for Denny? What was the dilemma for Susan? Where both of them looking out for the best interests of the company

Comprehensive expense statement-retained earnings statement : For the first quarter of 2017, Kabak Industries paid a dividend of $500,000 to stockholders. The accountants at Kabak should record this distribution on the comprehensive expense statement. retained earnings statement.

What is a bureaucracy and what are the advantages associated : What is a bureaucracy and what are the advantages associated with its usage when designing an organizational hierarchy?

Under applied overhead to cost of goods sold : A company allocates overhead at a rate of 150% of direct labor cost. Actual overhead cost for the current period is $950,000, and direct labor cost is $600,000. Determine whether there is over- or under applied overhead using T-account. Prepare the e..

How might the ideas of contingency theory be described? : How might the ideas of contingency theory be described?

Examine construction associated with optimal risky portfolio : Performance attribution analysis is an attempt to divide a manager's "active" residual return into an allocation effect and a selection effect.

User Account

All Pages