Prepare the journal entries for green day corporation

Assignment Help Accounting Basics
Reference no: EM131106559

1. Green Day Corporation has outstanding 400,000 shares of $10 par value common stock. The corporation declares a 5% stock dividend when the fair value of the stock is $65 per share. Prepare the journal entries for Green Day Corporation for both the date of declaration and the date of distribution. 

Reference no: EM131106559

Questions Cloud

Prepare the journal entries for both the date of declaration : Prepare the journal entries for both the date of declaration and the date of distribution.
What dream theory would the dream best fall under : What was the dream that you used with the Dream Dictionary about (if you are not comfortable disclosing the dream skip this question and start with the next one). What did the Dream Dictionary say about the dream's meaning?
Each minute a customer spends waiting for a pizza costs : Based on Ignall and Kolesar (1972). Dominic's Pizza Parlor receives 30 calls per hour for delivery of pizza. It costs Dominic's $10 to send out a truck to deliver pizzas. Each minute a customer spends waiting for a pizza costs the pizza parlor an ..
Do unions engage in ethical behavior please explain : Do unions engage in ethical behavior? Please explain. Provide specific examples. Historically, what factors precipitated the formation of unions? Please explain. Provide specific examples.
Prepare the journal entries for green day corporation : Prepare the journal entries for Green Day Corporation for both the date of declaration and the date of distribution.
Computco sells high-end computer workstations : Computco sells high-end computer workstations. The demand for its workstations during a month follows a normal distribution, with a mean of 400 and standard deviation of 100.
Use simulation to estimate the average annual cost : Lowland Appliance replenishes its stock of 52-inch flat-screen TVs three times a year. Each order takes 1/9 of a year to arrive. Annual demand for these TVs follows a normal distribution with a mean of 990 and a standard deviation of 40.
Prepare the april 20 and june 1 entries for graves : Graves Mining Company declared, on April 20, a dividend of $500,000 payable on June 1. Of this amount, $125,000 is a return of capital. Prepare the April 20 and June 1 entries for Graves.
Calculate nwc''s free cash flow for 2009. : Based on the final forecast, calculate NWC's free cash flow for 2009. How does this FCF differ from the FCF forecasted by NWC's initial "business as usual" forecast?

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