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On May 20, the board of directors for Auction. com declared a cash dividend of 50 cents per share payable to stockholders of record on June 14. The dividends are paid on July 14. The company has 500,000 shares of stock outstanding. Closing entries are recorded on July 31. Prepare any necessary journal entries for each date.
Journalize the entry to record the issuance of the installment notes and journalize the first annual note payment
ash creek company is preparing its master budget for 2014. relevant data pertaining to its sales production and direct
assume that on jan 1 2013 sosa enterprises paid 3000000 for its investment in 36000 shares of orioles co. further
Publicly traded companies are required to report earnings per share data on the face of the income statement. compare and contrast basic earnings per share with diluted earnings per share for each of the following:
richard is considering making a 5000 investment during 2012 in a venture that its promoter promises will generate
an analysis of the general ledger accounts indicates that office equipment which cost 67000 and on which accumulated
assume that supermart inc. has decided to surface and maintain for 10 years a vacant lot next to one of its
All the necessary information is listed. It is not necessary to calculate your answers in alphabeticalorder.
zidek corp. requires an estimate of the cost of goods lost by fire on march 9. merchandise on hand on january 1 was
Calculate the efficiency variance for variable setup overhead costs.
on july 1 2010 a semi-annual 800000 5 year bond with contractual or coupon rate of 10 had a net book value of 704171.
On the first day of the fiscal year, a company issues a $1,000,000, 7%, 5 year bond that pays semi-annual interest of $35,000., receiving cash of $884,171. Journalize the entry to record the issuance of the bonds.
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