Journalize the required entries on june and july

Assignment Help Accounting Basics
Reference no: EM131975108

Question - Vincent Corporation has 100,000 shares of $100 par common stock outstanding. On June 30, they declared a 5% stock dividend to be issued on July 30 to stockholders of record as of July 15. The market price of the stock was $130/ share on June 30. Journalize the required entries on June 30, July 15 and July 30.

Reference no: EM131975108

Questions Cloud

What percentage of the people taking the test score better : Suppose someone receives a score of 630. What percentage of the people taking the test score better?
Compute the volume in units and dollar sales level necessary : Compute the volume in units and the dollar sales level necessary to maintain the present profit level, assuming that the maximum price increase is implemented.
What savings in labor per bus could utc expect : A firm has been approached by a firm that has stated that by replacing the engines in their current fleet UTC will save over the 6 period life of the engine.
Compute the realized rate of return for an investor : Compute the realized rate of return for an investor who purchased the bonds when they were issued and held them until they were called.
Journalize the required entries on june and july : The market price of the stock was $130/ share on June 30. Journalize the required entries on June 30, July 15 and July 30
Margin of error me that corresponds to a sample : Find the margin of error M.E. that corresponds to a sample of size 17 with a mean of 40.3 and a standard deviation of 7.8 at a confidence level of 99%.
What should be current rate for two-year treasury security : According to the unbiased expectations theory, what should be the current rate for a two-year Treasury security?
What was the amount transferred to finished goods : Schnek Company, which uses weighted average process costing, had an equivalent cost per unit. What was the amount transferred to finished goods?
Compute the expected annual net cash receipts : Assuming that the car wash will be open 52 weeks a year, compute the expected annual net cash receipts from its operation

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