Prepare the journal entry necessary for each date

Reference no: EM132822892

Question - On April 12, Hobson Corporation declared a Quarterly dividend of 0.05 per share on its 200,000 common shares. The dividend will be paid on April 29 to the shredders of record on April 19. Prepare the journal entry necessary for each date.

Reference no: EM132822892

Questions Cloud

How much is the vat payable or excess vat input : Purchase of merchandise 350,000 vat inclusive payment to Meralco 5,125.00 vat inclusive rent 18,000 for the month vat inclusive. How much is the vat payable

Prepare journal entries to record the previous transactions : Prepare journal entries to record the previous transactions on the assumption that the goodwill (or revaluation) method is used.

Behavior and attitudes of organizational members : Analyze methods used to improve the behavior and attitudes of organizational members.

What is the throughput capacity of the system : What is the throughput capacity of this system, in parts per week? In other words, how many parts can be processed per week?

Prepare the journal entry necessary for each date : The dividend will be paid on April 29 to the shredders of record on April 19. Prepare the journal entry necessary for each date

Focus on the victims of natural disasters : Discuss the threat to donations caused by the organization's focus on the victims of natural disasters

Explain the perpetual and periodic inventory system : Differentiate between Merchandizing operations and Service operations. Explain the Perpetual and Periodic Inventory system. What is meant by COGS. COST OF GOODS

Calculate the dividend paid during the year : At the start of the accounting period the company has retained earnings of $500 000. Calculate the dividend paid during the year

Example of information security control : What is an example of an information security control? Should a threat assessment be performed by an internal or external party? Why?

Reviews

Write a Review

Required(*) Message

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.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

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

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!

Submit Assignment

User Account

All Pages